AngelList: A disruptor that is upending angel investing

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Naval Ravikant at the AngelList office.

Recently, Naval Ravikant, a wildly successful angel investor—Uber, Twitter, etc.—and serial entrepreneur met with a group of institutional money managers to pitch them his latest venture. He didn’t ask them to invest in it, but he asked them to invest through it. If enough of the money managers take him up on the offer, it could usher in an era of radical disruption in the world of angel investing.

 

 

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Senate Passes Crowdfunding Bill 73-26 (With Protections)

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Crowdfunding is closer to reality!

Well, this just in from a dispatch on Capitol Hill: The Senate has passed legislation that will essentially legalize crowdfunding in startups by practically anyone, even your mom. U.S. Senators Scott Brown (R-Mass.), Jeff Merkley (D-Oreg.), and Michael Bennet (D-Colo.) collectively introduced the “CROWDFUND Act” (S. 2190) earlier this month, which adds measures to the House of Rep’s now well-known JOBS Act to ensure that companies would be able to use SEC-approved crowdfunding platforms to raise money from “small-dollar investors.”

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