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by baccredited
2103 days ago
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Many private companies are staying private for longer, with an average time from launch to IPO creeping up toward 10 years or more. Most unaccredited investors are missing all of those substantial early gains. Does LTSE have any plans to help speed the path to IPO and let more unaccredited investors participate in early growth and success? |
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But in the long run, it's important that the broad public be allowed to participate in growth investments, and I think the public markets could once again be the best place to enable that to happen. Frankly, I think it's immoral that at a time in history when we are pushing more and more of the responsibility for people's retirement onto individual savers, we have also made it illegal for them to make most growth investments. If we don't correct this imbalance, I fear the backlash to tech will only worse and intensify.
Tech didn't cause this problem but we will bear the brunt of the backlash if people feel left behind.