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The democratization of funding and the lure of startups

from By Dr. Sean Wise

Once upon a time, there were gatekeepers everywhere in the world. If you wanted to book a flight, you called a travel agent. If you wanted to buy shares in a publicly traded company, you called a stock broker. If you wanted money from your own bank account, you came in during banking hours and waited in line. That whole transition (from an elite few in control to the general population in control) is loosely referred to as the process of democratization. more


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