Anyone have experience with personal investor websites/micro venture?

Like what? You need to be an accredited investor (income of $200,000 per year for the last two years or $1,000,000 net worth) to do what your talking about.

As far as I know, the JOBS Act provisions for general solicitation for equity "crowd funding" for the general population haven't been ruled on or implemented. The public comment period recently expired, but nothings new has come out. All of the websites that facilitate equity "crowd funding" still require accredited investors.

Is that your subtle way of telling me that you're ballin'? If so, .

I presume that you will not find the answers you are looking for here because of the aforementioned restrictions on that type of investing.

Beyond that, I can't comment. I am not ballin' .

Most accredited investors stay local and within their network or don't participate in this space at all so I'm happy to see technology leveraged in this way.

The new rules propose:

quote:

---

Investors, over the course of a 12-month period, would be permitted to invest up to:

$2,000 or 5 percent of their annual income or net worth, whichever is greater, if both their annual income and net worth are less than $100,000.

--or--

10 percent of their annual income or net worth, whichever is greater, if either their annual income or net worth is equal to or more than $100,000.

--and--

During the 12-month period, these investors would not be able to purchase more than $100,000 of securities through crowdfunding.

---

There are quite a few sites. It'll be interesting to see how it shakes out and which ones survive. Peer-to-peer lending is down to basically two sites -- Prosper and Lending Club.

I don't anticipate widespread participation if the new rules are adopted. Compliance should be a nightmare and whichever site figures out how to do it cost effectively and painlessly for investors should win.

I would leverage my own talents and participate if the new rules are adopted.