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by mdda 4711 days ago
Actually, the UK is ahead of the US in equity (and debt) crowdfunding (the JOBS act is moving the US to the same place gradually). See, for instance, http://www.seedrs.com/ (or http://www.growingbusiness.co.uk/crowdfunding-your-next-sour... for an overview).
1 comments

I don't get how this isn't illegal.

Limited companies are restricted from selling shares to the public. How do they get around it?

EDIT: Scratch that, looks like the FSA green-lighted it. Wow.