> By your logic: You are free to invest like him in early stage startups. You will be out zilch, so why not do what he did? 1. Accredited investor rules 2. Ple

> By your logic: You are free to invest like him in early stage startups. You will be out zilch, so why not do what he did? 1. Accredited investor rules 2. Please find me a startup which will allow me to buy shares at $0.001/share while simultaneous selling to other investors at a price of 500k[0]. 3. If you say to start my own and invest in my own company that I am working for in my Roth, I'll remind you that it's explicit not allowed, and the fact that it's not allowed is the thing that most people are taking issue with. [0] Yes, that's not the full valuation issue, but it's enough to see that the value at the time wasn't really legitimate.