There is nothing in the premise correlated to the amount of the investment. Suppose I have a net worth of $900k and want to invest $10k each into friends and f

There is nothing in the premise correlated to the amount of the investment. Suppose I have a net worth of $900k and want to invest $10k each into friends and family rounds of 5–10 startups. The Accredited Investor law in the U.S. makes that impossible today. What if my net worth was $1M before the pandemic and is now ~30% below that threshold? Suddenly, I'm no longer accredited?! That makes no sense. The boundaries chosen are indeed arbitrary and baseless, designed to restrict access to opportunities for those in the case I describe. Salary is also an arbitrary rule. One could make $200k/year, spend it all, and still qualify. But if someone makes $175k, lives minimally, and saves 50%+ of that, they are "unaccredited" and are blocked from accessing such opportunities. This also makes no sense. Irrespective of my salary or net worth, I have enough experience in the tech industry to evaluate and do due diligence on small deals like that. But technicalities like this in the Accredited Investor rule block me from being able to access them. Risk assessment is a personal choice. The Accredited Investor rule does more harm than good in this country today with its arbitrary pegs blocking access to good opportunities for those that are capable of vetting them. Guardrails are for highways and bowling alleys. One can go blow their entire net worth on shitcoins and penny stocks and the Accredited Investor rule could care less. There are good and bad investment opportunities everywhere, but this rule is blatantly random and asymmetric.