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Oh don't worry, you can still do it, just head over to AngleList and you can grab yourself some investors. They all meet the qualifications (have a certain inco
by ChrisNorstrom 13y ago
Oh don't worry, you can still do it, just head over to AngleList and you can grab yourself some investors. They all meet the qualifications (have a certain income level) and since it's a platform specifically for investing it's not a random solicitation so you don't have to know them personally before asking.
Here's an example: https://angel.co/makespace?ref=startup_card https://angel.co/makespace?ref=startup_card
- ywyrd 13y agoI would hate to see the legislative definition of "random".
- ChrisNorstrom 13y agoI should have said "general solicitation" meaning "general audience". People who don't know what they're getting themselves into. If you set up an event like "demo day" at Y-Combinator where investors and founders meet and discuss equity and terms that's perfectly legal. That's NOT general solicitation. Everyone there knows what they're getting themselves into. No one can be "tricked" into investing like the general public can.