I think the valuation is ridiculously low. How quickly could bitpay be replicated both technology, management team, brand, and  trust?
Valuation should be $250 million.

does bitpay allow for medical marijuana? legal, of course. i know coinbase does not.

I saw it at the film festival. It is excellent and educational.

Our fund which is publicly listed in the US has tried to buy shares but it is not easy.  We haven't been able able to complete even bare bones due diligence.  We do like the space.

Experienced entrepreneur looking to invest up to 25k in fiat along with office space for up to 10% of the right start up. Prefer New York City based businesses.

People buy shares in their neighbor's start up all the time. There are certain exemptions for private transactions. There are also exemptions for high net worth investors.  There are also issues with the advertisement of securities for sale.   The larger question that remains to be answered is what is being invested.  The SEC regulates the sale of securities for value.  The term ‘‘sale’’ or ‘‘sell’’ shall include every contract of sale or disposition of a security or interest in a security, for value. The other question in the sale of securities relates to state laws. Every state regulates the sale of securities under something called "Blue Sky" laws.   These laws assume people are paying with US dollars or Euros or some other previously recognized currency.  I'm not sure it would be possible to file a registration statement with the US SEC saying we intend to sell securities for bitcoin.   A very basic registration statement is $50,000 so it would be an interested exercise to see what position the Commission took as to whether or not bitcoin is considered a value.  The penalty for buying shares as an individual is your possible risk of total loss similar to walking into a Las Vegas casino. Being stupid is penalty enough.

It don't think the SEC cares much about bitcoin.  It has too many other things to worry about unless someone tries to sell bitcoin stocks or bitcoin securities without proper registration.   There are other branches of govt that might be more interested.  Again it is US only and they have't stopped online gaming.

interested at various price points.

brilliant game

Besides just buying currency, what areas would you look to if you wanted to seed 4 companies for $25k in the bitcoin world.