Startup to fund Startups

Posted by johnsocs on Tuesday September 13, 2011 @01:34PM
from the self-post dept.

While poking around HN we always see stories about startup's being funded, how to bootstrap your startup, startup's seeking funding etc... From my perspective it's strage that in order to fund a startup or to be considered an investor to a startup you have to have an elite status already.

How about a startup to fund startups by allowing the general public to buy shares of the startup, sure there are lots of 'issues' to think about here but it's possible right ?

Maybe I'm late to the party and something like this already exists and I'm not aware... anyone ?

( 3 comments | 5 points | on HN )

Re:Startup to fund Startups by wsdom on Thursday September 15, 2011 @10:43PM (#3002989)

An interesting idea. So it would be like secondmarke meets kickstarter? But unfortunately these "issues" do outweigh in my opinion any value. Like Diolpah posted you have accredited investor issues and you also have a huge issue with how many people can invest in a company and still remain private. I believe facebook is facing hurdles with this right now.

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Re:Startup to fund Startups by mooism2 on Tuesday September 13, 2011 @01:37PM (#2992480)

There are regulatory issues.

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Re:Startup to fund Startups by diolpah on Tuesday September 13, 2011 @01:57PM (#2992571)

http://www.sec.gov/answers/accred.htm

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