Brian Armstrong urges rethink of US accredited investor rules
Coinbase CEO Brian Armstrong says it is time to revisit accredited-investor laws because companies stay private longer, shutting retail investors out of early upside. Palmer Luckey backed the call.
What we know
Armstrong argued that retail investors can only enter after IPO, when much of the upside is captured. Anduril founder Palmer Luckey agreed, calling the term elitist.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
@punk6529
“I think it's time to revisit the accredited investor laws in the US.”
View post →@punk6529
“Even the name itself is sickly sweet elitism.”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.