The ‘small scale offering’ exemption is a problem that needs to be addressed alongside any changes to the sophisticated investor test
Rumoured changes to the sophisticated investor test will create more holes in funding for technology founders to navigate when we should be bringing more people into startup investing with education pathways. While jostling over whether the changes can be tweaked to lessen the damage on early-stage startup investing, the whole episode seems to fundamentally misunderstand… Read more »