Comments on: Beware the “dirty cap table.”

By: Marco

Marco — Thu, 06 Aug 2020 23:56:06 +0000

Thank you very much for sharing your blog, it helps us to be aware of this dirty caps

By: Dave Berkus

Dave Berkus — Thu, 15 Mar 2012 02:31:55 +0000

“Uncle!” I received twice this number of comments from readers, manuy of them attorneys, pointing out that Dodd-Frank changed this to exlude the value of a home. I certainly apologize, and endorse the law change, raising the bar for entry into the accredited investor club.

Dave

By: Lee Weinberg

Lee Weinberg — Thu, 15 Mar 2012 02:27:45 +0000

“Currently that standard requires a minimum of $200,000 in annual income or over one million in net assets, including the value of the investor’s principal residence.”

Dave – this is no longer accurate. Residence ownership assets are now specifically excluded.

http://www.sec.gov/info/smallbus/secg/accredited-investor-net-worth-standard-secg.htm

Lee Weinberg

By: Gene Konstant

Gene Konstant — Tue, 13 Mar 2012 19:29:32 +0000

Great info for start up and young businesses to hear. Most think small money is a wide open space with no rules of what you do – how you do it and who gets done.

Nice work – gene konstant

By: Paul Work

Paul Work — Tue, 13 Mar 2012 16:04:12 +0000

Dave,

I think there’s a typo in here…the accredited investor definition asset test should exclude (not include) principal residence….

Thx,
Paul

By: William DeTemple

William DeTemple — Tue, 13 Mar 2012 15:55:00 +0000

Dave,

As always I enjoy the wisdom you share, unfortunately this week you made an error. The SEC changed the Accredited Investor qualifications and no longer permits the value of their primary residence to be included in their net worth of $1 million. Here are the current requirements http://www.sec.gov/answers/accred.htm

Best Regards,

William C De Temple
CEO/President
Maximize Management, Inc