I recall Evan Prodromou in particular predicting that equity crowdfunding would be a boon to boiler room operations.
https://www.bloomberg.com/news/articles/2016-11-07/you-too-can-invest-in-a-startup-likely-to-go-bust
https://news.ycombinator.com/item?id=13293427
https://www.bloomberg.com/news/articles/2016-11-07/you-too-can-invest-in-a-startup-likely-to-go-bust
https://news.ycombinator.com/item?id=13293427
Craig Maloney likes this.