December 31, 2019
For the past 20 years I have worked as Administrator/Fund Manager of 5 different LLCs making early stage investments in technology start ups. While I do not currently meet the standards of being an accredited investor, the proposed changes to the rules may reclassify me. Along with using the phrase "knowledgeable employee", I recommend including "contract administrator or manager" to cover my situation, as I have not been employed by any of the angel funds I have worked with.
Stephen Clossick
Fund Manager
Triangle Angel Partners
www.triangleangelpartners.com