June 28, 2012
Jumpstart Our Business Startups Act of 2012
- One Billion
Seriously Is one billion a true definition of an "emerging gowth company?" Yes, I understand companies can raise money fast, but that money can be squandered quickly and that doesn't give a fair opportunity for a new burgeoning investor like myself. I don't feel comfortable with this policy.
- Five years
There is a large portion of this population that are not motivated by long-term investments. What makes you think the people operating within this five year period will do the same? It is clear that everyone has short attention spands and doe not relfect upon our recent financial past.
- In general, I feel you policy makers and investigators truly neglect the individual. I am a person who finished school, newly married I am fighting tooth and nail for a retirement. I came up with my own motto to keep me motivated, "Dont' work hard for the money, let the money work for you." But, I can't get there if policies like these continue to favor big companies. This is act was not written for the general public, this act was written for those you favor so much - hedge funds, venture capitalists.
Reconsider and revise portions that will be neglected by these companies.
Thank you.