Alexandra — Thanks for the article. My big curiosity with crowd-funding equity is — why hasn’t there been any M&A activity? There are already plenty of players to choose from, each pursuing a slightly different strategy. Some of the players are seasoned.
Seems like a no-brainier for an i-bank to snap up one of these services and use them as a feeder. Are they waiting for a breakout? Waiting for a down-turn to see who survives and thrives? Why the tepid M&A?