Reg D Crowdfunding is approximately as bad as the ICO market. We can’t get anything right in tech. This is some shameful shit.
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Put aside the policy debate, though: this is an objectively terrible way for retail investors to get exposure to tech equity.
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I think I'm pretty close to believing "If you're a central example of a retail investor and you ask me what your ideal allocation should be to non-public tech equity my answer would be zero dollars and zero cents."
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The two I like most are requiring a crowdfunding platform (which, thanks to network effects, likely creates high-scrutiny chokepoints to basically outsource risk management to) and the sliding scale on income versus maximum investment.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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