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Startup Exemption is the name entrepreneurs Sherwood Neiss, Jason Best, and Zak Cassady-Dorion created to describe their Crowdfund Investing (CFI) framework. The framework is an exemption under Regulation D Securities Offerings that would allow startups and small businesses to raise a limited amount of seed and growth capital from their social networks using SEC-registered websites. Their framework was the basis for the four Crowdfunding bills introduced in Congress and endorsed by the President. Their first bill passed the US House in November 2011, 407-17, and the US Senate on March 22, 2012, as part of the JOBS Act with a vote of 73-26. The path from idea to law in 460 days can be found at: www.startupexemption.com & www.legalizecrowdfunding.org.
Since the President signed the bill into law, they have started Crowdfund Capital Advisors, a data-forward consulting and advisory firm for investors, entrepreneurs, governments, and NGOs. They can be found speaking globally about the shift crowdfund investing will make, how it will spur entrepreneurship & innovation and create millions of jobs!