[StreamBright]

It would be classical free market capitalism if anybody with any money could be investing in anything. This is not the case in the US where you need to qualify as an investor prior of being able to invest in startups or companies.

[yourapostasy]

It is possible to form Reg D 506 (d) or (b) syndicates with up to 35 non-accredited investors for example, but risks and costs pretty much steer most offerings towards only accredited investors. The costs of sustaining the deal flow and associated compliance to work with 100 non-accredited investors who stump up the same amount as 1-10 accredited investors, plus the increased legal risks, make it very financially unattractive to cater to non-accredited investors.

This is the "no one comes away happy" outcome of bad actors on both sides of the desk in the past.