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I recently heard about the JOBS Act that was passed in 2012 and how it enabled a VC firm to raise a $20M fund from retail investors. Link here: https://www.investopedia.com/terms/j/jumpstart-our-business-startups-act-jobs.aspDoes anyone else know about this?

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This is likely in reference to General Solicitation under SEC Rule 506(c) - you can learn more about it here:

https://www.decilehub.com/base/17-fund-operations/1782-what-is-this-506-c-thing-i-keep-hearing-about-should-i-do-it

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