English: Diagram of venture capital fund structure for Venture capital (Photo credit: Wikipedia)
Startup Companies And General Solicitation
The Security and Exchange Commission (SEC) has lifted restrictions on the solicitation of startup funding.
The JOBS Act - Jumpstart Our Business Startups - changed the rules back in July, putting the new way into effect on September 23, 2013.
Companies looking for capital can now contact potential clients directly to solicit funds. They can utilize social media like Twitter and YouTube to get the word out - not only about their product or service, but that they are opening seeking cold hard cash to make it happen.