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by _delirium
3441 days ago
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This kind of rule (Canada was floating a similar one) is usually added in an attempt to keep visa-sellers out of the market, i.e. outfits who will agree to fake "invest" money in your fake "startup" in return for an under-the-table fee. By limiting the people who can count as investors to those who have a track record of actually investing in startups, the hope is that this kind of fraud will be at least less frequent, and easier to police. |
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