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In the U.S., depending on the state, there may be an exemption for friends & family: https://www.strictlybusinesslawblog.com/2011/08/15/can-a-friends-and-famil
by gricardo99 9y ago
In the U.S., depending on the state, there may be an exemption for friends & family:
https://www.strictlybusinesslawblog.com/2011/08/15/can-a-friends-and-family-round-include-non-accredited-investors-should-it/ https://www.strictlybusinesslawblog.com/2011/08/15/can-a-fri...
- gsylvie 9y agoExactly! Here's the BC, Canada website on exactly this (British Columbia Securities Commission): https://www.bcsc.bc.ca/For_Companies/Private_Placements/Private_and_early_stage_businesses/#FamilyFriends https://www.bcsc.bc.ca/For_Companies/Private_Placements/Priv...