Equity crowdsourcing comes late to the Silicon Valley party but could it help the capital starved small business sector?
As of today, equity crowdfunding is now legal in the United States.
The interesting thing is it appears Silicon Valley is shifting away from the VC model that this initiative was intended to promote among smaller investors.
Whether equity crowdfunding can be applied to ventures outside the tech startup industry remains to be seen, it may be in a world where banks have stepped away from their traditional role of providing capital to business that this is the way for proprietors to raise essential funds.