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The threshold is actually $12M now! There are some proposals floating around to actually change it to $50M with a 500 LP cap https://www.congress.gov/bill/119t
by pringularity 1y ago
The threshold is actually $12M now! There are some proposals floating around to actually change it to $50M with a 500 LP cap
https://www.congress.gov/bill/119th-congress/house-bill/4431 https://www.congress.gov/bill/119th-congress/house-bill/4431
- dadrian 1y agoOh nice! That's probably reasonable, although I am pro keeping the accredited investor requirement.