To probe the legal intricacies revolving around the JOBS Act and how these new laws might impact the crowdfunding scene in the next months leading to and right after the much-anticipated full implementation of crowdfunding for equity, David Drake spoke with Scott Purcell, CEO of Arctic Island.
Drake:Scott, you are a co-founder of the leading organizations in crowdfunding and have taken a leadership position on crowdfunding for equity in the US. The law is changing through your work with us. The US is the first country in the world taking a leadership position and changing the law for crowdfunding. This is a momentous change in how capital flows. How do you feel about the progress the crowdfunding for equity portion of the bill this has taken to date?
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