Quote:
A better question, then, is why didn?t Oculus Rift sell shares to those who crowdfunded via Kickstarter?
The answer is that they?re not allowed to. After the Great Depression, the government barred the public sale of securities by companies that are not registered. Registered companies are subject to burdensome regulations, including filing lengthy informational disclosures meant to protect the uninformed public
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TL;DR
Smart people suffer becasue dumb people want big government protecting them.