4 ms·
Accredited Investors: 1M Net Worth or 200k Income
- arnonejoe 2y agoI don’t normally post on HN but this seems grossly unfair. You can only be in the club if you are rich.
- user90131313 2y ago1M is not rich it's just good amount. Even it was lowered you would still have limited access. It's mostly about who you know and your personal brand.
- ano-ther 2y agoIt’s a consumer protection measure to shield lower incomes/wealth from less regulated products that are riskier. And most of those products require minimal investments that are quite high anyway.