From The St. Louis Business Journal
By Brian Feldt
Go ahead and call Andrew Hoyne the JOBS Act Nostradamus.
Hoyne, a Polsinelli lawyer who represents several life science and technology-based companies in St. Louis, predicted in August 2013 that new Securities and Exchange Commission regulations allowing general solicitation — so long as investors are accredited — would spark a new wave of services aimed at making the new investment process easier.
On Tuesday, San Francisco-based AngelList, a website taking advantage of the new JOBS Act rules by allowing startups to publicly solicit equity investments, soft-launched a new service that does just that.
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