3 ms·
There is a bunch more paperwork and cost related to dealing with non-accredit folks. Since they are non-accredited, it is safe to assume they don't have a lot
by answerly 16y ago
There is a bunch more paperwork and cost related to dealing with non-accredit folks.
Since they are non-accredited, it is safe to assume they don't have a lot of money to invest anyway. So, the additional overhead/legal cost is very likely not worth the hassle.
If there are value add folks in this group maybe consider taking them on as advisors rather than investors.