This letter supports raising the thresholds for accredited investors and requiring more disclosure from startup companies seeking investment. It argues that few accredited investors actually invest in startups without proven revenue, so basic disclosures about the business, founders, and vision should be required for all investors. Requiring revenue-generating startups to disclose financial information like bank statements is reasonable. Opponents of changing the accredited investor rules are not considering how online funding could positively change startup investing through JOBS Act-compliant solicitations like on Kickstarter. The SEC should ignore critics unwilling to accept change.