The points made in the article may be legitimate (although the language is somewhat sensationalistic), but if someone chooses to invest in these companies, igno

The points made in the article may be legitimate (although the language is somewhat sensationalistic), but if someone chooses to invest in these companies, ignorant or not of the risks involved, they are the only ones who are hurt. This is much better than only allowing Wall St investors who are using other people's money and skimming significant commissions off the top to do the same thing, costing retirees their pensions in the process. Eventually people will learn, and most smart investors will stay away from sites such as these. Many regulars to HN are excited about the JOBS act because it means additional access to capital, but I think it also means more freedom in the investment world, which means more closely tying the risks to the rewards of investment, which seems to have been misplaced in the investment world today.