> I haven't heard a rationale for equity crowdfunding > that makes sense to me. My take is that it's political, meaning that we're trying to avoid the per

> I haven't heard a rationale for equity crowdfunding > that makes sense to me. My take is that it's political, meaning that we're trying to avoid the perception that only industry insiders can participate in and benefit from these types of investments. I've read some press about how companies are taking longer to go public, and that by the time they do, there's very little growth left. (edit: Crowdfunding seems to me like an attempt to allow "retail" investors to participate in pre-IPO investments.)