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A comment on A family member wants to invest $25k into our startup, what do we do now?.
http://www.google.com/search?q=accredited+investor+sec+famil...
If you later-on seek funding from VC's, and they find out that you have had any early investors who were not accredited, deals can fall through.
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http://www.google.com/search?q=accredited+investor+sec+famil...
If you later-on seek funding from VC's, and they find out that you have had any early investors who were not accredited, deals can fall through.