[xseven]

Why is it illegal? How would you invest in them if it were legal?

[lastofus]

They are probably referring to not being an accredited investor.

https://en.wikipedia.org/wiki/Accredited_investor

[aczerepinski]

Indeed. In an era where hot tech companies don't go public until they've eclipsed $20B (if ever!), the accredited investor rule feels like the rich & powerful making sure they can keep all of the best opportunities to themselves.