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Dropping the limit on income to become an early stage investor is bad because... accountants are expensive?! There are a lot of reasons not to crowdfund your st
by Eduardo3rd 14y ago
Dropping the limit on income to become an early stage investor is bad because... accountants are expensive?! There are a lot of reasons not to crowdfund your startup, but this article misses all of the big ones.
I'd love to see a well written treatment of this topic once the new regulations go into effect. Hopefully Forbes can find a better perspective on the topic by then.
- wmf 14y agoAgreed. Nobody expects startups to pay dividends, so that part of the article seems like a red herring. I would hope that the same level of due diligence that angels would perform today ends up getting done in the case of equity crowdfunding. I have a suspicion that equity crowdfunding will be the "funding of last resort" (because it's "dumb money") and that's why it will be a ghetto.
- joewallin 14y agoexactly...whoever heard of startups paying dividends?!