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First, these need to be reviewed by the SEC. Second to raise this money on the Internet you are going to have to go to a platform with a large base of investor
by rdlecler1 12y ago
First, these need to be reviewed by the SEC. Second to raise this money on the Internet you are going to have to go to a platform with a large base of investor (Most of those will have broker dealer licenses ame will do their own DD). Next You are assuming that just because something is online that tens of thousands of people are automatically willing to plop $10-$1000 to invest. Well I'm sorry, but that's not how it is going to work. Companies in Europe with lots or press are only raising a few hundred thousand. To move the needle you need much larger checks. At some point, something will slip through but it will be an anomaly and the overall risks are outweighed by the benefits.
- deleted 12y ago[deleted]