>The SEC estimates that it would cost $39,000 in fees to accountants, lawyers, and the funding portal to raise just $100,000, and more than $150,000 to raise $1

>The SEC estimates that it would cost $39,000 in fees to accountants, lawyers, and the funding portal to raise just $100,000, and more than $150,000 to raise $1 million. Those are insanely high capital costs—companies would be better off financing their operations with credit cards. 15% on money that never has to be paid back? If we're comparing to Kickstarter, fees are at least 8% and you are contractually obligated to supply a product. >For comparison, underwriting fees for a large public offering are usually under 4 percent. Why are we comparing this to a large public offering?