There is absolutely nothing stopping the members of WSB from pooling their money to start an angel fund, VC fund, or any other form of private equity. You don’t need special Wall Street credentials to do that, just some money and a lawyer.
That’s a pretty long-term bet, though, and I don’t think WSB is usually into those.
That’s a pretty long-term bet, though, and I don’t think WSB is usually into those.