I'm not sure about this. The summary says the law changes how any company with annual revenue <$1bn is regulated. That's a much larger group than just startups. The law would ease regulations, but some of those regulations are for investor protection and it's not clear to me that their removal is actually a good thing. Also, I don't see why it's called "the Jobs Act." There doesn't seem to be any estimate on how many jobs it may create.