Ask PG: Can you start a HN crowd-funding venture?
I don't think crowdfunding is good for startups.  For startups, having large numbers of investors is bad, and having inexperienced investors is bad.  So having a very large number of inexperienced investors is the worst scenario possible.The right way to get money from large numbers of people is to sell them your product, like Inpulse did, not to sell them your stock.