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If you've been in the industry for a while, you may already qualify as an accredited investor. The income threshold is $200K/year, which according to levels.fy
by jonas21 5y ago
If you've been in the industry for a while, you may already qualify as an accredited investor. The income threshold is $200K/year, which according to levels.fyi would easily be met by someone with a few years experience at a FAANG, for example.
If not, you can also qualify by passing the Series 65 exam, which is a 3-hour multiple-choice test that anyone can take.
You'll probably find that the biggest barrier is finding good startups who will take your money. The ones interested in taking a small amount of cash from some random person are also the least likely to succeed.
- gonehome 5y ago> The ones interested in taking a small amount of cash from some random person are also the least likely to succeed. Part of this is the result of the existing regulations making it a pain to do so.
- Daishiman 5y agoI live in a place with no requirements to be an investor and it's still all the same. It's just in general a very, very bad idea.