This is what Wefunder (YC W13) does with equity crowdfunding. It's great for companies that have passionate user bases. Even if the individual check size is sma

This is what Wefunder (YC W13) does with equity crowdfunding. It's great for companies that have passionate user bases. Even if the individual check size is small (e.g. min $100), it's a great for users who want to be part of something and great for companies who don't have to go to VC + can grow their user base. The primary downside for startups is the cap table, but there's regulation in the works (already passed the House with near-unanimous bi-partisan support, waiting on the shutdown shitshow so the Senate can vote) to fix that. Disclosure—I work at Wefunder, both on crowdfunding and very early cohorts (https://xx.team https://xx.team)