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> Reminder: you can take money from non-accredited investors My understanding is that it's only legal if investors approach you, or if you solicit individual i
by dandelany 11y ago
> Reminder: you can take money from non-accredited investors
My understanding is that it's only legal if investors approach you, or if you solicit individual investors on a one-by-one basis. It's illegal to simply announce that you're publicly accepting investment. I wholeheartedly agree that the marketing of these types of offerings need to be tightly regulated, but as it stands today, it's effectively impossible to participate (as an investor) without having a personal connection to the business.
- tptacek 11y agoThat's correct, and what I mean about it being difficult to accept non-accredited money at scale. Which is the difference between being able to invest, and being able to market an investment.