creators have no control over who funds their projects, they have no way to prevent funders with differing visions and strong personalities from joining and adversely affecting the community’s dialogue. Furthermore, in the case of equity crowd-funding, creators may find it difficult to raise follow-on financing with an “unorthodox cap table” that includes a large number of dispersed small investors. However, platforms will likely recognize this risk and structure investments in such a way as to minimize this problem (e.g., aggregate investors in a GP/LP-type structure). In the case of AngelList, for example, investments are “pooled into a fund created and managed by SecondMarket which, in turn, invests in the startup. Only the fund is listed on the startup’s cap table - the individual investors in the fund are not.”