July 7, 2014
- Within our group of "angel" investors, approximately half have liquidity of $1 million to $2 million. The passage of the more restrictive guidelines will force approximately 30 potential investors to cease local small business investments
If the average size city loses this many small investors, and each investor only funds one business per year, your new standards will halt at least 260,000 new businesses per year.
The attached CENTERS OF ENTREPRENEURSHIP describes the fastest ways to increase the generation of new businesses in the U.S. It allows each city to establish investment committees based on the current standards of "accredited investors."
Is the intent of initiating the new requirements to slow down ... or to stop ... new businesses in the U.S.? If so, will you recommend a country that we could invest and encourage the formation of new ideas, inventions, businesses and industries?