19 ms·

> I don't see why the personal wealth of an investor really matters Because you don't want people gambling with money that they can't afford. These regulation

by mbreese 13y ago

> I don't see why the personal wealth of an investor really matters Because you don't want people gambling with money that they can't afford. These regulations are about protecting investors while still opening up funding for startups.

gbelote 13y ago
That excerpt is taken out of context but to respond to the point you make: that's why there are income-based caps to how much you can invest as an unaccredited investor.