O'Reilly logo
  • Zachary Zimmerman thinks this is interesting:

lack the expertise of being qualified/accredited/professional investors. By removing the ‘barriers’ or protections of individuals (after trying to categorise the venture capital industry as a source of systemic risk, see Freeman, 2009), to let them commit in highly illiquid, and high risk ventures might sound quite illogical.


While true for the majority, this may in effect marginalize low net worth investors. Assuming strict causality between net worth and capacity to undertake due diligence could be seen as contrary to American values.