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by thirru 3691 days ago
As a founder the biggest turn off for me is the fact that you cannot take on more than 500 non accredited investors. As soon you exceed that number and rake up $25M in assets you will be forced to go public, which is absolutely bonkers.

Now to me equity crowdfunding is inherently powerful that you can make investments as little as $100. This dramatically lowers the risk, and makes it a small gamble for small time investors. But as an entrepreneur with a max of 500 investors you end up with a mere $50k, which almost defeats the effort for most startups.