Conversation

| ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ | | Why yes, I’m a member of| | the educated, elite, | | professional class! | |___________| (\__/) || (•ㅅ•) || /   づ
3
37
Replying to
It doesn’t take much 🤷🏻‍♀️ like I’ve been in the 1% most of my adult life thanks to founding (equity!) and life partners with high incomes. And I think my hubby and I still don’t count as accredited investors so what is up with that hmmmmn 🤔
2
Replying to
We’ve never been anywhere near it by either net worth or income (I think the current thresholds are 4 million and about 400k in the US) Hard to assess since people use different numbers and adjust for geography in different ways, but 1% is out of reach for me by all of them
1
Replying to
I was using the 500k income as the threshold which in NYC at least is just your average double income no kids white shoe lawyer and VP at a Fortune 500 (which is how I first broke into it with an ex)
1
1
Replying to
Crazy that that income both puts you in the 1% but in our oddly paternalistic private investing regime is not enough for accreditation- no wonder the rich get richer if only the slimmest sliver of people can own equity in companies with most potential for alpha
1
1
Show replies