3 ms·
Look up "qualified investor". Opening ownership shares up to literally thousands (if not millions) of not-qualified investors makes it impossible to get proper
by beat 13y ago
Look up "qualified investor". Opening ownership shares up to literally thousands (if not millions) of not-qualified investors makes it impossible to get proper funding from VCs later. Imagine having to get signatures from 100,000 ten dollar investors, just to get a million dollars. Crazy.