On That SEC "Review" of Angel Investments...
Bob Litan, vice president for research and policy at the Kauffman Foundation, stirred up the VC community yesterday with a HuffPo piece about how Chris Dodd's financial reform bill is bad for angel investors. The general sentiment is nothing new to peHUB readers, as I've previously criticized Dodd Bill provisions that would raise the accredited investor threshhold (thus draining the angel pool) and preempt the federal regulation for Form D (thus making it more complicated/costly for startups to raise money from investors in multiple states). But Litan finds another interesting nugget, writing:
25 March 2010•3 mins read
