4 ms·
There's a lot of securities rules and laws that make absolutely no sense though. A person can buy $1000 worth of lotteries tickets right now but doesn't qualif
by Grimburger 4y ago
There's a lot of securities rules and laws that make absolutely no sense though.
A person can buy $1000 worth of lotteries tickets right now but doesn't qualify for sophisticated investor status so is unable to invest $1000 in a huge number of startups.
- brundolf 4y agoWith a lottery ticket you know what you're getting
- Grimburger 4y agoAn expected value of -35%?
- brundolf 4y agoYep! There's no room for smoke and mirrors. Everyone understands what the lottery is, whereas some random private startup could be totally legit or could be a total scam.