I'm completely in favor of individuals being able to invest in startups, especially since you can go to vegas and blow $30k in a weekend, to not be able to put

I'm completely in favor of individuals being able to invest in startups, especially since you can go to vegas and blow $30k in a weekend, to not be able to put $30k into a startup is a crime. But this is going to make a bubble. IT will take a couple years to shake out, but I sure hope that as a result of this the change isn't reverted. Yes, people will invest their money poorly, but nobody could do as bad as Social Security which in my grandfathers case, returned less than %3 fair value of his money (Eg: effectively a %97 loss[1]. Slot machines only produce a %98 loss!) And nobody has the option to avoid "investing" in social security. [1] compared to putting the money in an index fund. At the time of calculation, the indexes had just crashed with the market, so the actual results %90 of the time would have been much more in favor of individuals.