How You Can Invest In My Deals

Re:How You Can Invest In My Deals by isamuel on Monday September 23, 2013 @12:40PM (#6432135)

If I'm reading the SEC rules correctly, to be an eligible investor, you must have an income in excess of $200K. Is that right?

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Re:How You Can Invest In My Deals by gbelote on Monday September 23, 2013 @12:47PM (#6432206)

You need an income of $200k/yr ($300k/yr if married) for at least two years, or a wealth of over $1m (excluding the value of your primary residence).

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Re:How You Can Invest In My Deals by lukethomas on Monday September 23, 2013 @01:17PM (#6432470)

Yes that's right - for more information on when this type of investing will be available to everyone (sometime next year...hopefully), check this out:

https://wefunder.com/post/37-what-founders-need-to-know-abou...

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Re:How You Can Invest In My Deals by xhrpost on Monday September 23, 2013 @12:49PM (#6432214)

I believe the JOBS act is supposed to eliminate this requirement but it hasn't been implemented by the SEC yet unfortunately.

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Re:How You Can Invest In My Deals by prostoalex on Monday September 23, 2013 @01:24PM (#6432542)

http://www.sec.gov/answers/accred.htm

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Re:How You Can Invest In My Deals by mcdougle on Monday September 23, 2013 @12:49PM (#6432218)

Or a net worth >$1mil

At least, that's what it's always been. I'm not sure if the new law changes this; it was pretty ambiguous about that (at least to me as I skimmed over it). This is the first I've heard that they changed the laws for being a VC

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