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by asah 1789 days ago
Multi decade angel investor here: accredited investor requirements are completely normal, including the good faith clause.
1 comments

So I don't make a billion bucks a year, but I'd be completely comfortable throwing a few grand at Purism.

If I check the "yeah I'm cool" box even though the SEC wouldn't think I'm cool, am I just forfeiting some sort of recourse if Purism flops and I lose my money? Or am I opening myself up to getting in serious trouble?

(Likewise, I want to invest in Aptera but I don't know anything about this. I feel like the main thing it'll accomplish is making my taxes more complicated, which at my level is a huge step in complexity and cost for a minuscule step in returns.)

I'm not sure HN is an appropriate place to ask for advice on committing crimes.
It hardly seems a crime to give a company money, regardless of whether you get anything in return.