Ask HN: Possible loophole for angel investing net worth restriction?

https://news.ycombinator.com/item?id=567613
by johnrob • 17 years ago
1 2 17 years ago

In order to be an accredited angel investor, you either need to have a minimum salary (250K/yr?) or a minimum total net worth (1 MM?).

Question - what if you incorporate a company, and use that company to make investments? Would that be sufficient to bypass the restrictions?

I'm not necessarily recommending that anyone actually do this, I'm just curious whether it would be legal.

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