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Comment on Ask PG: Can you start a HN crowd-funding venture?

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I'm hoping that with the passage of the crowdfunding act that will take effect in early 2013, we can all do what Yuri Milner and SV Angel are doing, and invest in all of the YC startups (or selectively invest in particular ones).

That law doesn't mean you can invest in any privately held company. True, there is a lower bar to entry, but the startups need a reason to want you to invest in them.

This is sentence alone means that there is going to be another full blown tech bubble. Lower bar for entry to invests in startups. just like lower bar to get a home loan.

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