📗 Libro en inglés LEADERS OF THE CROWD

Crowd funding is nothing new In fact America was built and financed by crowd funding But in 1933 Congress passed the Securities Act which shut the door on this most democratic means of raising capital and spreading wealth In 2012 enjoying broad bipartisan support congress threw the doors open again passing the JOBS Act Jumpstart Our Business Startups Its intent was to stimulate growth of small businesses and startups but an unexpected consequence of the Act was that the biggest beneficiary has been the real estate industry Researching the origins of the JOBS Act Dr Adam Gower conducted a series of conversations with the people who lobbied for and wrote the laws that became the Act What he discovered was that at no time had anyone thought that the real estate industry was a relevant constituency Perplexed by this disconnect between what had been intended and what had happened he talked to those who had been the very first real estate people to utilize the JOBS Act These pioneers all moving on parallel tracks seeded the biggest most transformational change to the real estate industry in history This book uncovers these conversations with the people who created the laws and those who connected the dots to real estate It weaves a thread through the