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You'd need to register the securities with the SEC of your going after non-accredited investors. I wonder if Angellist is going to go through that trouble. One
by hkmurakami 10y ago
You'd need to register the securities with the SEC of your going after non-accredited investors. I wonder if Angellist is going to go through that trouble.
One big advantage of only having accredited investors is that it allows you to not have to make such regulatory filings.