Unpopular opinion: this is not a problem worth addressing

You think “oh waaah Joe Schmoe is deprived the ability to be the next Fred Wilson!!!” as if they would have his deal flow

Removing accreditation will just fast track Joe Schmo to bankruptcy

Unpopular opinion: this is not a problem worth addressing

You think “oh waaah Joe Schmoe is deprived the ability to be the next Fred Wilson!!!” as if they would have his deal flow

Removing accreditation will just fast track Joe Schmo to bankruptcy

https://x.com/saraledterman/status/1497745438241296384

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com 

You've already gotten lots of great responses but one more not mentioned: it's not about deal flow for 1:1 investments, but rather about the ability to become an LP in larger funds. There are lots of advantageous vehicles that are comparatively safer (than casinos or even stonks) but require accredited status.