Ryan Sean Adams (rsa.eth) pfp
Ryan Sean Adams (rsa.eth)
@rsa.eth
Only accredited investors (ie Rich People) get access to the blue part. So retail has limited access to the most dynamic and highest return parts of the market, they have to settle for IPO leftovers. No wonder people are turning to crypto.
10 replies
4 recasts
37 reactions
moreReese pfp
moreReese
@morereese
I’ve always found this whack. Some employees can’t even buy stock of the private companies they work for and help build bc of accredited investor rules.
1 reply
0 recast
6 reactions
Dean Pierce 👨‍💻🌎🌍 pfp
Dean Pierce 👨‍💻🌎🌍
@deanpierce.eth
I like to remind people that if they make less than $200k, the SEC considers them to be too financially illiterate to invest in anything meaningful. I understand having *some* level of protection to keep predatory grifters away from the vulnerable, but current regulations seem to be having the opposite effect 🤦
1 reply
0 recast
4 reactions
Will pfp
Will
@will-333
Sadly this is a beef that for me carries over just as much to the crypto sphere. It's not the fault of crypto founders (they're just trying to comply with existing laws) but I hate the two tiered system where angel investors + VCs get real equity and the rest of us are stuck with questionable governance tokens.
0 reply
0 recast
2 reactions
Keith Axline pfp
Keith Axline
@kaxline
Hopefully this bull cycle is a massive wealth redistribution to the younger generations and those left out by these rules. Sometimes I wonder where all the projected price appreciation in crypto is going to come from and then I see a chart like this.
0 reply
0 recast
2 reactions
Swish pfp
Swish
@swish
Yep. Crypto projects basically give you the ability to invest at levels that where only accessible to VCs before
0 reply
0 recast
1 reaction
Khalid pfp
Khalid
@xkhalid
If you look at VC funding stats closely, it's absolutely WILD. The law is from 1933, majority of VCs fund people who look like them, women are severely under-funded, the future is already biased like this, while the average person gets the scraps at IPO as you said. Crowd funding 2016 law is 1 step in the right way
0 reply
0 recast
1 reaction
ilove.base.eth pfp
ilove.base.eth
@chris24.eth
There is a strong similarity to the feeling I get when I hear either the phrase “accredited investor” or “electoral college.”
0 reply
0 recast
1 reaction
SSJ2_Spartan pfp
SSJ2_Spartan
@ssj2
This is true and unfortunate. The SEC’s reasoning for this? SEC is designed to better protect Retail Investors over Accredited or Institutional Investors, assuming the latter are more capable of making sophisticated investment and do not need the same level of protection
0 reply
0 recast
0 reaction
Patrick Atwater pfp
Patrick Atwater
@patwater
lol that’s due to financial reforms in the wake of Enron
0 reply
0 recast
0 reaction
Sacha pfp
Sacha
@s4cha
What about the fact that actually most PE is open to retail, i.e. blackrock? There is simply a management layer.
1 reply
0 recast
0 reaction