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He does make excellent points about the public market, it is in a tough spot and something does have to be done. SOX was a nightmare reaction in the wrong direc
by drawkbox 12y ago
He does make excellent points about the public market, it is in a tough spot and something does have to be done. SOX was a nightmare reaction in the wrong direction and we can see the effects a decade later. Crowdfunding might even be a side effect of this sideways investment market.
Maybe the stock market needs more risk tiers with differing levels of regulation, even a growth market where regulations are relaxed for smaller companies, essentially private investment open to public. One size fits all of the public market will regulate all the growth out, it is not even really an option for small-medium business to even try anymore like he says.