There has been a lot of confusion surrounding the new legislation that was recently signed into law that permits startups and small businesses to raise up to $1 Million through social networking and other online avenues. The new law, referred to as the 'Crowdfunding Act,' sets limitations on investors that depends on their income and/or net worth. These limits are designed to offer protections for the general public, as this is the first time the public has had the ability to make venture capital investments in privately held companies.
"This new calculator tool allows individual investors to enter their income and net worth, and instantly calculates how much they will be allowed to invest in a Crowdfunded company over a 12 month period," commented Mr. Noah Tier, PeoplesVC.com spokesman. "We built this tool because we were overwhelmed with inquiries on our site from investors asking how much they could invest, and wanted them to be able to have a tool they could use themselves, since the answer really depends upon their personal financials - namely income and net worth," added Mr. Tier.
The Calculator tool also enables investors to see a graph that displays how investors are responding to the dollar amounts imposed on them - should they be allowed to invest more or less?
PeoplesVC.com is known as the first equity-based Crowdfunding site to open its doors to entrepreneurs and small businesses, who are actively preparing their companies for Crowdfunded stock sales of up to $1 Million.
Recent reports have predicted that the average American will invest 1% of their income in Crowdfunded companies, which will create a sizable capital market opportunity for entrepreneurs, startups, and small businesses.
Peoples Venture Capital was founded to enable individual investors to participate in Venture Capital investments and the growth and success of small companies, while helping entrepreneurs succeed through grassroots funding. Harnessing the power of the Internet, Social Networking, and recently passed U.S. laws, PeoplesVC.com is a catalyst for rapid change, jobs growth, and innovation. The company can be found online at http://www.PeoplesVC.com/