Getting around Regulation D?
1 comments
If I remember correctly (and I'll be the first to admit I might not have this right), the accredited investor rule comes into play if a startup doesn't have a full prospectus explaining the risks associated with making an investment along with an in-depth report of the startup's situation. If that's still the case, then if you can make it easy for startups to crank-out semi-customized prospectuses, then you open the doors to investors with less than $1MM. Correct?
The next trick, of course, is finding companies that want your money and will be willing to do the extra work.
The next trick, of course, is finding companies that want your money and will be willing to do the extra work.
How do us poor folk get around this law which was written to protect a generation who are mostly dead or will be soon?