That's just hand waving. The vast majority of people with capital will only ever be willing to invest based on expected returns. If they don't have a chance to make a significant profit on a risk-adjusted basis then they won't invest at all. They'll just keep their cash in the bank or spend it on consumption or real estate instead.
>That's just hand waving. The vast majority of people with capital will only ever be willing...
Yes, if the only option you can imagine for building a business is to go the traditional investor/VC route, then this is probably true.
Kind of odd, though. You actually introduced the idea of "regular investors" being some sort of requirement, when the whole point is to re-imagine how we build businesses.
But, I suppose all new ideas—especially disruptive ones—appear as hand waving, given that most people are unable to imagine beyond the status quo.
