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The JOBS act did not change the definition of accredited at all (despite what most people in the valley believe). It added a new "crowdfunding offer" that allow
by dsl 14y ago
The JOBS act did not change the definition of accredited at all (despite what most people in the valley believe). It added a new "crowdfunding offer" that allows individuals to invest 5% of their annual income if less than 100k, or 10% if over 100k up to a maximum of 100k. AFAIK that part is still tied up in the SEC working on implementation details.