I really do want to move to this democratization of access to capital...
Instead of a community bank, this is how we are going to help folks in our community.
I would like to thank the Committee again for having me join you today and I look forward to answering any questions that you may have.
Thank you very much for the opportunity to discuss the value that crowdfunding can bring to the American small business community.
Let us articulate so we have it on the record. What are the caps? It is $2,000?
Would anyone disagree with me that particularly in this investor class, that is the ultimate type of regulation?
I would like to thank the members of this Committee and both parties within the House at-large for their bipartisan and overwhelming support...
But as a practical matter, what that means is someone who has $100,000 in savings would be able to invest $10,000 instead of $5,000.
So you may slow down capital expenditures but actually make the economy much more efficient.
In many ways private jets have been leasing out their excess capacity.
It is a simple example. The person who buys the house with the guest room and they intend to rent it.