keccers
@keccers.eth
Unpopular opinion: this is not a problem worth addressing You think “oh waaah Joe Schmoe is deprived the ability to be the next Fred Wilson!!!” as if they would have his deal flow Removing accreditation will just fast track Joe Schmo to bankruptcy https://x.com/saraledterman/status/1497745438241296384
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Jonny Mack
@nonlinear.eth
oof. katherine, no. if the US had better accreditation laws it would completely change the concept of "deal flow" as we currently know it. mid-market capital investment is a trillion with a T dollar industry. there's an enormous gap between vc and s&p 500 that most retail is forbidden from touching
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keccers
@keccers.eth
I would be down for expanding accreditation with additional types of competency tests, and allowing 401ks to have exposure to vc. I dislike the idea of a free for all Everyone here is the perfect slice of pop to be aggrieved—super smart, prob worthy of accreditation, but may not have. But an overall minority
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miguelito
@mc
Think this is exactly right
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