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Old 11-02-2010, 08:17 PM
 
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Hello everyone, I have a question about the laws that affect venture capitalists here in the U.S. as I am looking to start a business that will require in-depth knowledge about what laws affect them (I myself am not looking to be a VC). What are all the major legal restrictions that exist for them?

For example, I have heard that U.S. law requires that one have a certain amount of assets in order to be a venture capitalist. So does that mean that if you are below a certain threshold in terms of assets that you may not legally invest in a company in exchange for some equity in the business?

Thanks a lot in advance and I look forward to some good responses
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Old 11-02-2010, 09:59 PM
 
Location: in a pond with the other human scum
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um,no. Wikipedia is your friend. Some good info there. No legal requirement to my knowledge as to amount of assets required. All anyone needs to invest in a business is enough money or credit to buy the stock or other ownership interest one wants to buy.
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