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SEC allows startups raising up to $50M to tweet about stock or debt offering to gauge interest among potential investors

SEC Approves Tweeting by Startups to Test Investor Interest  —  Trying to figure out how many investors might want to fund your small business?  Go ahead and tweet about it. Tweets: @startupljackson and @peterpham Tweets: Startup L. Jackson / @startupljackson : I will be raising $50M for my startup, I call it L. Jackson. Who's in? http://www.bloomberg.com/... Peter Pham / @peterpham : Oh yeah.. I'm gonna be busy https://t.co/BJixHurSoa

Bloomberg Business David Michaels