2 ms·
As far as I can tell, nothing. You're basically just saying a crowd-funded mutual fund would be possible, which seems correct provided the company filed the pr
by mdorazio 10y ago
As far as I can tell, nothing. You're basically just saying a crowd-funded mutual fund would be possible, which seems correct provided the company filed the proper paperwork for it. I'm not sure why investors would go with something like this over just putting money into Vanguard, though.
- pessimizer 10y agoReligious, racial, or cultural affinity? The impression of exclusivity by putting a ceiling on the number of investors and raising it in increments? The whiff of possible insider knowledge based on bluster and one or two Amazon bestsellers, some press releases, a TED talk, an appearance on Shark Tank, or instagram pictures partying with captains of industry and celebrities? A magical belief system? Why do people put money into anything but Vanguard now?