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You may need to be an accredited investor, in which case you either need at least a million in assets or an income of more than 200k. I believe this restriction
by myroon5 11y ago
You may need to be an accredited investor, in which case you either need at least a million in assets or an income of more than 200k. I believe this restriction is in the process of being removed eventually though.
- ericd 11y agoA small clarification, that's a million in assets not including your primary residence. Something about that being a reasonable proxy for the sophistication to understand the risks involved and the business (or maybe just wealthy enough to hire a reasonable lawyer to review the docs?)