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Your mom and dad (and the rest of your network) are almost certainly "unaccredited" investors. Soliciting their money will complicate the hell out of any subseq
by rosser 14y ago
Your mom and dad (and the rest of your network) are almost certainly "unaccredited" investors. Soliciting their money will complicate the hell out of any subsequent fundraising, and exposes you to significant legal risk down the road.
- fraserharris 14y agoThere are legal exceptions for unaccredited family members. Soliciting their money does not complicate subsequent fundraising at all.