JOBS Act Got Boost From AOL Co-Founder
The bill signed Thursday by President Barack Obama that loosens accounting rules for start-up companies owes much to billionaire Steve Case — whose own company was one of the highfliers of the ’90s dot-com boom but later suffered accounting scandals.
Mr. Case, an AOL Inc. co-founder and venture capitalist, was among the biggest behind-the-scenes supporters of so-called JOBS Act, personally appealing to top-ranking officials of both parties in the House and the Senate to pass it, according to several lobbyists and lawmakers.
