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Detailed text transcripts for TV channel - MSNBC - 20130922:11:38:00

a firm looking for groups getting into the crowd funding space. walter edmond is an entrepreneur himself, with his brand of bow ties. and slava ruben is the cofounder and ceo of one of the largest crowd funding platforms right now. great to see you guys. great to be here. thanks for having us. sherwood, we ve been talking about this since you started lobbying for this in washington. give us an update, what does this mean. i think this is the biggest change to the security laws in eight decades, so we haven t been able to use general solicitation to reach out to investors since the law was crafted, but now for the first time we re going to be able to use the mechanisms like the internet to go out there and go to accredited investors and say, hey, i ve got a great business idea, you ve got capital, help me fund this and grow a business. put this in layman s terms. i, jj, have a great idea for a new pen company, right, i can put it online and say to everybody out there, hey, com

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