Retail crowdfunding under Title III of the JOBS Act has a fundamental advantage over accredited crowdfunding and intrastate crowdfunding: the value of inclusivity. What that is worth in a given instance may be difficult to calculate, but it is surely more than zero. This is one reason to expect that retail crowdfunding, once it commences, may prove more successful than many commentators anticipate.
Schwartz, Andrew A.
Utah Law Review: Vol. 2016
, Article 5.
Available at: http://dc.law.utah.edu/ulr/vol2016/iss4/5