Growing companies seeking to raise up to $50 million have a new financing option, starting Friday: a process that will open some private businesses to a wide pool of new investors.
More than three years in the making, the regulatory change, an expanded version of a rule known as Regulation A, is intended to let promising companies — the kinds typically backed by venture capitalists and wealthy angel investors — raise money by selling equity stakes to people of more modest means.
{iframe}http://www.nytimes.com/2015/06/19/business/smallbusiness/new-rules-let-companies-sell-stakes-to-investors-of-modest-means.html{/iframe}