Silicon Valley insiders like Ron Conway fought hard for the Jobs Act, lobbing hashtag after hashtag at Washington's paper belt. Now, thanks to the magic of deregulation, venture capitalist already benefitting from low interest rates and irrational exuberance in tech stocks can have an easier time raising funds.

Twitter's IPO motto may be "less Facebook, more LinkedIn." But it's repeating a crucial mistake that, in Facebook's case, led to class action lawsuits for selective disclosure. Only this time, it's Goldman Sachs instead of Morgan Stanley.

Thanks to the JOBS Act signed into law this past spring, you don't have to be a Silicon Valley insider to get played by a persuasive Stanford dropout. Now you can legally beg anyone for investment cash, anytime, anywhere. This will be fun for everyone.