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September 24, 2013 01:06 am GMT

Betaworks And Tim Ferriss Among First Using General Solicitation To Ask Crowds For Investment

Betaworks SECIt's day one of the new general solicitation rules allowing companies to openly advertise that they're fundraising, and Betaworks is wasting no time. It's just emailed asking its thousands of Openbeta testers to invest in it through AngelList Syndicates. It's not the only one diving head-first into general solicitation, indicating the new rules will have a profound effect on startups.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-n2Et0xi0po/

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