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