Entrepreneurs are the rock stars of the business world. We read about them constantly in the press, many people wish they could be them, and we hear that people who invest in them make a lot of money.
The collapse of BrewDog has called into question how useful crowdfunding is as an investing strategy and whether there are better ways to profit from small firms and start-ups …
Policy makers at all levels should ask, “Why?” The answer is families like Gustavo’s need cash, not grandstanding legislation or massively expensive LIHTC projects.