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Comment by xseven | Hacker News Reader
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xseven
·
Why is it illegal? How would you invest in them if it were legal?
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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.
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