New Rules Let Companies Sell Stakes to Investors of Modest Means

an ipo costs ~1M and has recurring fees annually totally about ~1.5M[0]. I don't think this will be as revolutionary as some people are claiming it will be, but if there is less regulation you could see companies doing a kickstarter like model independently as a series A.

> Every offering must be reviewed by and gain approval from the S.E.C., a process that takes more than 300 days, on average.

Where did this stat come from? How is there an average if the law and approval are for something that does not currently exist?

[0]http://www.pwc.com/en_us/us/transaction-services/publication...

Your investors have to have access to credit cards and answer a few multiple choice questions too.

If you think the kind of people likely to invest in your startup will find the answers to questions like "do most startups pay dividends?" to be so difficult as to thwart their attempts to give you money, you could always post the answers on your blog though.... e.g https://blog.nudjed.com/seedrs-sign-up-process/