Another slice of the explanation for this can be found in the ceiling there is on crowdfunding: Your investors aren't people with deep pockets; it's those who g

Another slice of the explanation for this can be found in the ceiling there is on crowdfunding: Your investors aren't people with deep pockets; it's those who generally don't have even one full extra paycheck in the bank. When they give you $20, that may mean they don't see a movie with their S.O. that weekend, etc. The money pool is much shallower. Raising the minimum wage would be good for crowdfunding.