What Title III Of The JOBS Act Really Means

What Title III Of The JOBS Act Really Means by George Gaprindashvili, PitchBook Last week, the U.S. Securities and Exchange Commission (SEC) approved Title III of the Jumpstart Our Business Startups (JOBS) Act, allowing non-accredited investors—individuals with an income of less than $200,000 per year or a net worth of under $1 million—to invest in startups. The ruling, which will go into effect 180 days after publication in the Federal Register, has generated a good deal of excitement, but it’s important to understand how the parties involved will actually be affected. The Investor There are rather strict limits on how…