XY Findables is an Example That a Few in Congress Are Actually Creating Jobs in the United States
Action by Congressman Patrick McHenry is changing lives for the average American and creating jobs for employees of Companies like XY Findables
WASHINGTON, DC, October 26, 2016 (Newswire.com) - Congressman Patrick McHenry knows that 65% of new jobs are being created by small businesses and wanted to do something to provide new businesses with access to capital. In 2011, Congressman McHenry went to work on the Entrepreneur Access to Capital Act (H.R. 2930) and laid the ground-work for the JOBS Act, forever changing the way start-up business can be funded. The JOBS Act (Jumpstart Our Business Startups Act) was signed into law by President Barack Obama on April 5, 2012, and title III was adopted on October 30, 2015.
The tireless work of Congressman Patrick McHenry has not just changed the way small business' can access capital, the JOBS Act has shaken up the investment world and given “The Average Joe” access to opportunities that were only given to the ultra-wealthy. Prior to the JOBS Act, only “Accredited Investors” could invest in startup companies. The logic was those with a high net worth could afford to take a loss and could understand the risk associated with investing in a startup company.
The reality is the risk and reward made investing in startup companies very attractive for those that had the opportunity. While very few companies go on to be the size of Facebook, the risk was worth the reward. For example, Peter Thiel invested $500,000 in Facebook and received 44 million shares. Thiel sold 16.8 million shares for $640 million during Facebook’s IPO and the remaining shares for another $395 million soon after. Thiel had a total exit of over $1 billion dollars and a 206,900% Return On Investment. Had Thiel kept his shares, the investment would be worth a staggering $5,828,680,000 at the current share price of $132.47.
Congressman Patrick McHenry and others in Washington have changed the rules and now everyone can take part in the early investment stage of companies. All investment comes with risk but with the risk can come great reward.
One San Diego, CA company, XY Findables™, has resisted the temptation to go after Venture Capital and is committed to being a customer-owned business. XY Findables is the exact kind of success story Congressman Patrick McHenry has helped create. XY Findables already has 21 employees and is generating millions in revenue. The company has a huge opportunity for growth and wants their customers to take part in the success.
On October 14th, 2016 XY Findables™ announced the launch of the live offering phase of their equity crowd-funding campaign, allowing both accredited and non-accredited investors the same opportunity to invest in the company. This is the kind of investment that was only available to the wealthy 1% and because of Congressman McHenry and others in Washington, anyone with a minimum investment of $350 can now take part in this kind of amazing opportunity. XY Findables has made the investment process as easy as ordering a pizza and is giving thousands of people their first experience in owning a piece of a startup company.
Individuals interested in learning more about XY Findables’ Regulation A+ equity crowdfunding opportunity can visit https://xyfindables.com/
An Offering Statement Regarding The Xy Findables Offering Has Been Filed With The SEC. The SEC Has Qualified That Offering Statement, Which Only Means That The Company May Make Sales Of The Securities Described By The Offering Statement. It Does Not Mean That The Sec Has Approved, Passed Upon The Merits Or Passed Upon The Accuracy Or Completeness Of The Information In The Offering Statement. You May Obtain A Copy Of The Offering Circular That Is Part Of That Offering Statement From https://goo.gl/oMt3JT.
You Should Read The Offering Circular Before Making Any Investment.
Source: XY Findables