3 ms·
Huh, you just brought up an interesting point that I hadn't considered: if you invest in a company and it turns out to be a scam, you're more likely to have the
by tonyarkles 11y ago
Huh, you just brought up an interesting point that I hadn't considered: if you invest in a company and it turns out to be a scam, you're more likely to have the resources to pursue legal action if you meet the currently defined threshold of an "accredited investor".
I too have always been a bit miffed about the whole accredited investor thing, but that angle had never crossed my mind.