Entrepreneurs...take note of this important SEC action - this will likely have a strong positive impact on startups, who can now raise up to $50 mil from the public without the need to have all investors be accredited and without the need to file registration statements in each state, which is very expensive and time consuming.

This will also likely create an environment for many more "crowdfunding" startups to start and grow. Crowdfunding is one of the key investment themes we focus on at FinTech Xccelerator, so if you are working on building a great crowdfunding business, let's talk.