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This might work for the small investors. However, they are only currently admitting people with an annual income of 200k or a net worth of 1m. These "accredited
by ruswick 14y ago
This might work for the small investors. However, they are only currently admitting people with an annual income of 200k or a net worth of 1m. These "accredited investors" are probably in an economic position to just start investing in companies outright, and given FundersClub's middleman position, I don't see a huge reason to go through them were I an accredited investor.
- asparagui 14y agoCome January 1st, the rules for accredited investors change dramatically, as a result of the JOBS act. Basically, anybody can play.