The key difference between Crowdfunder and existing sites such as Kickstarter and IndieGoGo is that Crowdfunder wants to facilitate the kind of equity-based funding where investors get an actual stake in the company, rather than provide donations. For many years, only accredited investors have been allowed perform equity investing in private companies — and to receive accreditation, individuals must meet certain criteria such as having a net worth in excess of $1 million. The JOBS Act signed into law [recently] contains passages that remove that restriction, allowing virtually anyone to invest in private companies.
But: The crowdfunding portion of the JOBS Act has not taken effect yet — the Securities and Exchange Commission is still reviewing it — so the old standards requiring equity investors to be accredited still stand today. That means that Crowdfunder.com is not yet able to do what it aims to do.
See on techcrunch.com