http://web.mit.edu/newsoffice/2012/g...tion-0702.html
Please read the comments. I know I would be not only ready but eager to invest a hundred dollars or more over the course of say a year in a score of startups that looked promising and that were interesting to me. Why not raise capital a hundred dollars at a time from 10,000 people thru the internet rather than a million dollars from one person or private equity firm. Wouldn't this be a practical way to start "sharing the wealth", or flattening the wealth disparity?
How many wars in the third world are due to scarce resources like clean water? Mass funding by average people of research and startups could have several beneficial effects that reach far beyond just wealth creation for the investors.
Please read the comments. I know I would be not only ready but eager to invest a hundred dollars or more over the course of say a year in a score of startups that looked promising and that were interesting to me. Why not raise capital a hundred dollars at a time from 10,000 people thru the internet rather than a million dollars from one person or private equity firm. Wouldn't this be a practical way to start "sharing the wealth", or flattening the wealth disparity?
How many wars in the third world are due to scarce resources like clean water? Mass funding by average people of research and startups could have several beneficial effects that reach far beyond just wealth creation for the investors.
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