[erichurkman]

Doubtful that the average host would qualify, especially since the average host is using their home to host AirBNB guests, and your primary residence does not count toward the monetary requirements to be qualified as an accredited investor – net worth over $1mm, annual income over $200k [0].

As far as the shareholder limit, Cooley LLP has a decent overview of the JOBS Act's changes [1]. Holding an option grant never counted toward the 499 limit, but previously if you exercised your option grant (through equity compensation), you may have counted toward the 499 limit. Now, most option holders that exercise their grants are exempt from this shareholder count.

[0] https://en.wikipedia.org/wiki/Accredited_investor

[1] http://www.cooley.com/jobs-act-what-does-it-mean

[arkem]

Thanks!