The passage of the federal Jumpstart Our Business Startups Act earlier this spring will allow entrepreneurs to solicit investments from ordinary people in exchange for a slice of the payout should the company happen to strike it big.
Color me both enthusiastic and slightly skeptical.
“By definition, a lot of people who invest money will lose money. That kind of goes with the territory,” Case said. “People have the option to lose money if they go to Las Vegas, and people seem to think that’s OK.”
The problem is just as Boulder seems to believe everything works differently (and of course better) inside the 24 square miles, many investors will have unrealistic expectation for their personal success rate with this type of investment.
