News
Nonaccredited Investments in Crowdfunding Startups – Los Angeles Business Journal
Bryan Sullivan was quoted in the Los Angeles Business Journal regarding “Nonaccredited Investments in Crowdfunding Startups.” Here is Bryan’s quote, which can also be found by clicking on “Download PDF.”
“It is very dangerous to allow non accredited investors to invest in companies via crowdfunding. The principal purpose of the accredited investor concept is to ensure that the only people investing in such companies are people who have demonstrated sufficient financial sophistication to understand the risks associated with the investment and who can bear the economic risk of investing in these types of high-risk investments.”