Re:SEC Approves Equity Crowdfunding from Unaccredited Investors
by clarky07 on Friday March 27, 2015 @12:21PM
(#9277220)
luckily the new regs don't allow you to invest 50% of your net worth.
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Re:SEC Approves Equity Crowdfunding from Unaccredited Investors
by notahacker on Friday March 27, 2015 @01:15PM
(#9277631)
If I understand correctly, the 10% of net worth restriction applies to investments in a single startup.
That being the case you can guarantee there will be commission-earning intermediaries or platforms misrepresenting the concept of portfolio diversification to encourage people to invest in as many startups as they can afford...