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President Obama Signs a Temporary Bill to Encourage More Angel Investing

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Re: President Obama Signs a Temporary Bill to Encourage More Angel Investing

#3

Post by jpwagner »

note that this does not apply to any of the following types of businesses:

• Businesses that performed services in health, law, engineering, architecture, accounting, performing arts, consulting, athletics, financial services or brokerage. • Businesses that have as their principal asset the reputation or skill of one or more employees. • Any banking, insurance, financing, leasing, investing or similar business. • Farming, mining or petroleum production. • Hotels, motels, restaurants and similar businesses.

Re: President Obama Signs a Temporary Bill to Encourage More Angel Investing

#4

Post by jbooth »

jpwagner wrote: post #3

note that this does not apply to any of the following types of businesses: • Businesses that performed services in health, law, engineering, architecture, accounting, performing arts, consulting, athletics, financial services or brokerage. • Businesses that have as their principal asset the reputation or skill of one or more employees. • Any banking, insurance, financing, leasing, investing or similar business. • Far…

Just wait till it makes it to Fox News tonight, it'll be explicitly for socialist private businesses.

EDIT: Come on guys, that's really not funny at all? Socialist private businesses? Throw me a frickin' bone here.

Re: President Obama Signs a Temporary Bill to Encourage More Angel Investing

#5

Post by oiuytgfrtgyhuji »

So why does this only run for a few months - until the end of the year?

If you want to encourage investment in startups doesn't this have to be permanent - not just a hand out for deals that are already in progress.

(assuming it's not just a technical point that it needs a special bill for the current year and then becomes permanent as part of some other legislation)

Re: President Obama Signs a Temporary Bill to Encourage More Angel Investing

#6

Post by tchae »

jpwagner wrote: post #3

note that this does not apply to any of the following types of businesses: • Businesses that performed services in health, law, engineering, architecture, accounting, performing arts, consulting, athletics, financial services or brokerage. • Businesses that have as their principal asset the reputation or skill of one or more employees. • Any banking, insurance, financing, leasing, investing or similar business. • Far…

seems like 99% of consumer web/mobile based startups win with this bill!

Re: President Obama Signs a Temporary Bill to Encourage More Angel Investing

#7

Post by jpwagner »

oiuytgfrtgyhuji wrote: post #5

So why does this only run for a few months - until the end of the year? If you want to encourage investment in startups doesn't this have to be permanent - not just a hand out for deals that are already in progress. (assuming it's not just a technical point that it needs a special bill for the current year and then becomes permanent as part of some other legislation)

I don't have data to back this up, but I imagine sales increase more when a product is "on sale at a low low price" rather than the market price actually falling to that low low price.

Re: President Obama Signs a Temporary Bill to Encourage More Angel Investing

#10

Post by danielayele »

jeffreymcmanus wrote: post #8

"The investor must not be a corporation" seems key. Do angel investors really invest out of their own bank accounts or do they form LLCs for this?

angels usually invest as individuals or via LLCs and super-angels and VCs are usually structured as partnerships so the exclusion won't apply to most active early stage investors.
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