Once the rules and regulations regarding the JOBS (Jumpstart Our Business Startups) Act are approved, companies can raise both debt and equity financing not just from wealthy angels, but from average Americans.
Race and Gender: Visiting one-on-one with Jonathan Sandlund of TheCrowdCafe while being filmed for a segment in the upcoming documentary film Crowd of Angels, Sandlund agreed that crowdfunding would largely eliminate cultural biases observed in angel and venture capital financing, which are dominated by men making investments in businesses controlled by men.