Business

JOBS Act changes could coax more ‘unicorns' to IPO in 2018

One year ago   |   By VentureBeat

GUEST: In just a one month span between December 2017 and January 2018, two late-stage unicorns (privately held companies that have a valuation of over $1 billion) have submitted confidential registration filings with the SEC: Spotify and Dropbox. Others are expected to follow soon. And it's recent changes to the 2012 Jumpstart Our Business Startups Act that could be one reason for these moves.
The federal government enacted the JOBS Act to encourage small business and startup funding by easing regulations and allowing a larger base of individuals to become investors. The JOBS Act also...
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