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In fact, thanks to increased scrutiny of investment funds in a post-Madoff world, this imbalance will probably get bigger and bigger. Trust me, if you lose all your money on your brother-in-law's Arizona tanning salon, it's not going to hurt any less than if you lose it in his seed fund. tanning salon/seed fund combo.
In the past week, both AngelList and FundersClub got SEC "No action" letters --notices that their crowdfunding platforms were going to be allowed to keep operating without fear of getting run over by the government. A lot of people have asked me over the last year what I think of crowdfunding. Call it fate, call it luck.
There are worries about funding public transportation and things like that, but there is also the opportunity to think of, how can we do things better? Because it's been such a challenge for certain projects to get funded is that now there's this other thing. How can we make changes that are great? Deidre Woollard: Exactly.
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