David C Barnett Small Business and Deal Making M&A SMB cover image

Story Of Mrs. Wilson

David C Barnett Small Business and Deal Making M&A SMB

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The Dangers of Buying an Accredited Investor

In order to buy that kind of investment, you have to have a certain net worth or a certain income. This guy would not have met the qualification as an accredited investor. The person trying to put together the deal never stopped to even look at that. He was like, I want somebody to put up money. And then he was pressuring this guy to write the check into the entity he had created.

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