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The question is whether this is presumed where the founder meets the basic requirements, that is, 10% ownership, active business operations, and $250k in invest
by proberts 5y ago
The question is whether this is presumed where the founder meets the basic requirements, that is, 10% ownership, active business operations, and $250k in investments from qualified US investors. We just don't know yet whether much more will need to be shown if these basic requirements. We'll et a much better sense of this in the coming months. That being said, I think, assuming the above requirements are met, that applications will be approved where the investments are from top tier investors or a top accelerator is somehow involved.