3 ms·
Theoretically, two other possibilities; 1) They act a certain way, and be prepared to defend civilly and criminally if necessary. That said even if what AngelL
by neurotech1 14y ago
Theoretically, two other possibilities;
1) They act a certain way, and be prepared to defend civilly and criminally if necessary. That said even if what AngelList and FundersClub do is technically illegal, the fact they target accredited investors and don't promise insane returns, probably would tip the balance towards a civil action. IANAL and we're talking hypothetical action anyway.
2) Another possibility would be to obtain a declarative judgement that what they are doing is in fact legal. IANAL but this would be messy, expensive and a lengthy process.