U.S. startups fail to attract crowd of small investors

Bloomberg Newsstaff

05/19/2017

CROWDFUNDING STARTUPS HASN'T taken off quite as expected after the passage of JOBS act of 2012. /BLOOMBERG — CROWDFUNDING STARTUPS HASN'T taken off quite as expected after the passage of JOBS act of 2012. / BLOOMBERG

NEW YORK - It’s been a year since U.S. rules went into effect enabling anyone -- not just the ultra-wealthy -- to buy a slice of a startup. Turns out, few are interested. Investors sprinkled about $38 million across 142 companies since May 2016 when Title III of the JOBS Act allowed equity crowdfunding for…

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