3 ms·
"all the private investors" AFAIK there is still some limit before the company is treated like a public one from various legal perspectives. Something like "no
by inglor_cz 3y ago
"all the private investors"
AFAIK there is still some limit before the company is treated like a public one from various legal perspectives. Something like "no more than 2000 private investors"?
Given that there are probably over a million qualified investors in the US alone, that is just a very small fraction of those.
- paxys 3y agoAccredited vs non-accredited is meaningless in the grand scheme of things. There are millions of accredited investors in this country would would love to invest in SpaceX (and OpenAI and the rest) if given the chance. Heck I bet most people reading this are accredited even if they don't know it ($200K annual salary isn't all that crazy in tech even at the entry level). The real barrier is always convincing someone to let you invest in their venture. And why on earth would they? What exactly does your dollar bring into the picture that they don't otherwise have already?