> Attitude like yours is why many early companies are obligating their investors to prove net-worth. I didn't express any attitude about the current rules arou

> Attitude like yours is why many early companies are obligating their investors to prove net-worth. I didn't express any attitude about the current rules around "accredited investors", I merely expressed what the current status quo appears to be, i.e. the system is largely based on self reporting. Obviously, there are all sorts of problems with that. For what it's worth, I don't particularly like the current rules around "accredited investors", they seem pretty arbitrary, and at the same time too lax (self reporting) and too restrictive (obviously, these rules give rich people access to a lot of opportunities not available to others).