August 20, 2013
The SEC's newly proposed rules will stunt innovation. Putting more obstacles and road blocks in the way of young companies will not help them prosper - it will hurt them and cause some to even fail.
The nature of a startup and young companies raising money is that things need to happen fast - and focus on the business must be high. By giving startups raising money more to focus on than what matters (their actual business), the SEC is actually hurting our nations new companies.
The idea of stunting innovation and making the fundraising process more bureaucratic is very upsetting. If our country is going to be a hub for global innovation and a leader in the world of new thought, we must stop putting roadblocks and obstacles in the way of the one's trying to pave the way. It's already hard enough bringing to life new things - why try and make it even harder?