Re:SEC Greenlights One Style Of Equity Crowdfunding For Star...
by jpdoctor on Thursday March 28, 2013 @04:35PM
(#5457426)
> Technically, it’s not crowdfunding, but rather a venture capital advisor that raises funds online through a streamlined process rather than offline with traditional paperwork.
Nice. So the VCs won't have to answer to big limiteds, who would make demands like lowering fees (as in the dot-bomb).
It brings up the more general question: Since the avg retail guy is clueless, what prevents them from getting severely taken advantage of? So far, this looks a whole lot like CMGI.
Nice. So the VCs won't have to answer to big limiteds, who would make demands like lowering fees (as in the dot-bomb).
It brings up the more general question: Since the avg retail guy is clueless, what prevents them from getting severely taken advantage of? So far, this looks a whole lot like CMGI.