Dan Romero pfp
Dan Romero
@dwr.eth
It's pretty much illegal to allow retail to to invest meaningful amounts in private companies. I was in charge of this fundraising round (Series D, the one that Kevin participated in). We looked into a bunch of options but there are were too many complications.
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Daniel Fernandes pfp
Daniel Fernandes
@dfern.eth
Mercury did a Reg CF when the SEC raised some of the limits in 2021 (also coincided with their Series B, so perhaps a smaller round): https://mercury.com/blog/community-round-learnings
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Dan Romero pfp
Dan Romero
@dwr.eth
2021 update from $1M to $5M My statement about "invest meaningful amounts" for a company that privately fundraised 2012 through 2018 continues to be true. :)
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