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by toomuchtodo 3570 days ago
Anything stopping me from buying one of your $100k shares with an LLC that has multiple members?
1 comments

No issues with that on our end. Plenty of investors using funds or LLCs with multiple members to invest.

You'll want to work with a lawyer to structure the vehicle, and have a full understanding of legal, compliance and tax considerations associated with it.

Edit: the entity investing must be accredited. Here's an overview of the criteria:

https://angel.co/help/accreditation/what-is-an-accredited-in...

Accredited investors only? If so, even lowering the floor to $10k might not help the OP (geared toward helping swanson with the details rather than any kind of suggestion).

Edit: and Kapil has answered :-)

How are you guys assessing the lookthrough in that case? If an entity is formed for the sole purpose of investing in your fund, I believe those investors count towards your limit.
Thank you! I'll get in touch shortly.