I agree with you, but I disagree that the solution for it is "You can only invest in these ventures if you have X net worth". Having more money does not necessa

I agree with you, but I disagree that the solution for it is "You can only invest in these ventures if you have X net worth". Having more money does not necessarily imply one is less foolish, and it disqualifies those who are capable of properly evaluating an opportunity but are not high net worth individuals.