Crowd-Funding Your Business Just Got Easier

Under new legislation, start-up companies will be able to raise up to $1 million through small (online) donations without disclosing much beyond a rudimentary business plan. 

What's the Latest Development?

Thanks to federal legislation that is expected to become law, start-ups will soon be allowed to raise up to $1 million annually from small (online) donations without having to disclose much besides a simple business plan. If they release audited financial statements, they can raise $2 million per year. And while start-ups are currently limited to extending token gifts in exchange for early investment, under the new bill, they will also be able to offer equity. The law will also extend the number of investors a company can take on, from 500 to 2,000, without being affected by securities regulations.

What's the Big Idea?

Crowdfunding is meant to help start-ups find cash quick and give innovative ideas a chance to thrive among the public at large. Venture capitalists, however, worry that loosening restrictions on early-stage investment will make larger investments in later stages more risky as company valuations may be skewed by unlearnèd investment. That perception may dampen entrepreneur enthusiasm for quick crowd-sourced funds at the expense of venture capitalist investment, which also tends to come with professional connections, something small time investors cannot provide. 

Photo credit:

'Upstreamism': Your zip code affects your health as much as genetics

Upstreamism advocate Rishi Manchanda calls us to understand health not as a "personal responsibility" but a "common good."

Sponsored by Northwell Health
  • Upstreamism tasks health care professionals to combat unhealthy social and cultural influences that exist outside — or upstream — of medical facilities.
  • Patients from low-income neighborhoods are most at risk of negative health impacts.
  • Thankfully, health care professionals are not alone. Upstreamism is increasingly part of our cultural consciousness.
Keep reading Show less

In U.S. first, drug company faces criminal charges for distributing opioids

It marks a major shift in the government's battle against the opioid crisis.

George Frey/Bloomberg via Getty Images
Politics & Current Affairs
  • The nation's sixth-largest drug distributor is facing criminal charges related to failing to report suspicious drug orders, among other things.
  • It marks the first time a drug company has faced criminal charges for distributing opioids.
  • Since 1997, nearly 222,000 Americans have died from prescription opioids, partly thanks to unethical doctors who abuse the system.
Keep reading Show less

Following sex, some men have unexpected feelings – study

A new study shows that some men's reaction to sex is not what you'd expect, resulting in a condition previously observed in women.

Credit: Pixabay
Sex & Relationships
  • A new study shows men's feelings after sex can be complex.
  • Some men reportedly get sad and upset.
  • The condition affected 41% of men in the study
Keep reading Show less

Calling out Cersei Lannister: Elizabeth Warren reviews Game of Thrones

The real Game of Thrones might be who best leverages the hit HBO show to shape political narratives.

Photo credit: Mario Tama / Getty Images
Politics & Current Affairs
  • Sen. Elizabeth Warren argues that Game of Thrones is primarily about women in her review of the wildly popular HBO show.
  • Warren also touches on other parallels between the show and our modern world, such as inequality, political favoritism of the elite, and the dire impact of different leadership styles on the lives of the people.
  • Her review serves as another example of using Game of Thrones as a political analogy and a tool for framing political narratives.
Keep reading Show less