Accredited Investor & etc.

First, I will congratulate Juzi to follow her dream with the action. Why always let other races benefit from financial innovation. Second, everyone just has to be aware this is a high risk alternative investment. It is probably safer for both GP and LP that all LPs are accredited investors. Accedited investor is defined as one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years.

For this type of investment, several non-obvious risks are 1. litigation risks due to unsufficient disclsures and false advertisment (hopefully, Juzi has asked a lawyer to review all the materials) 2. Unsufficient protection across individual projects. Separate LLCs may not be good enough if you do not have strict process to prevent co-mingling of the funds. 3. unsufficient documentation of the fund flow. 4. Mixed distributions of fund from different projects. This is the worst situation. All gains from previous distributions are subject to a claw back clause with potential penalties even the project was complete and all funds were distributed. ... The list of risks are long. Both MP and LPS should not treat it lightly.

所有跟帖： 

• 专业思考。加国大地产基金公司高管绝大多数是律师专业，犹太族裔。老中都是科研博士。 -股市小书生- ♂ (0 bytes) () 07/21/2017 postreply 08:10:14

• Ding! ------- insufficient--vs. Unsufficient--- Good Point! -handyman-jz- ♂ (0 bytes) () 07/21/2017 postreply 09:09:58

• 没搞懂你在说啥，两个词有区别吗？ -老农民说两句- ♂ (0 bytes) () 07/21/2017 postreply 10:33:10

• 橘子说了她们有些不是accredited。现在打算cover it up。具体措施是把这些投资人赶走。 -sweetptt- ♂ (149 bytes) () 07/21/2017 postreply 09:26:17

• 那就要小心人跟她打官司了。 -燕子飞回来_88- ♀ (0 bytes) () 07/21/2017 postreply 09:27:45

• 人家是想让没大钱的普通人大妈们也能发财，而不是白便宜了那帮子富人。 -tgmomtobe- ♀ (208 bytes) () 07/21/2017 postreply 23:21:11

• It is illegal under SEC rule 506 for private placement -greenfieldcn- ♂ (355 bytes) () 07/22/2017 postreply 00:07:08

• 这是我读到的本次争论最好的帖子。 -我是武松- ♂ (0 bytes) () 07/21/2017 postreply 09:59:50