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Accredited investors meet standards defined by securities regulators which allow them to invest in certain private securities offerings. In general they must meet one of the following criteria:

• Individuals with annual income over $200K (individually) or $300K (with spouse) in each of the last 2 years and an expectation of the same this year
• Individuals with net assets over $1 million, excluding the primary residence (unless more is owed on the mortgage than the residence is worth)
• An institution with over $5 million in assets, such as a fund or a trust

Click to see a full definition here.

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