It seems to me the challenges would be that a) it'd be a mecca for fraud b) attract people who shouldn't be making such risky investments c) make it hard for st

It seems to me the challenges would be that a) it'd be a mecca for fraud b) attract people who shouldn't be making such risky investments c) make it hard for startups to stay under 500 investors for public disclosure purposes and d) be sued into the ground due to a) and b)