>While there are many arguments against your proposed change, the first step seems to be establishing that the problem you’re trying to solve actually exists.

>While there are many arguments against your proposed change, the first step seems to be establishing that the problem you’re trying to solve actually exists. It’s clear not many here care to understand the problem, tech generally loves a good pump and dump...look at all the recent tech IPOs... how many of those were boot strapped vs VC backed? And VC backed tech IPOs were in the black? It’s not about investor risk...its About leveling the playing field. Again everyone here is screaming investor risk/their choice/don’t have to buy...I don’t see anyone advocating allowing small investors to get in on unicorn tech cos pre IPO. I’m not sure why everyone is pretending it’s about giving opportunity to the little guy...it’s about the need for VC to liquidate.