vansig wrote: so profounder is probably a business development company or small business investment company, and that gets them their accredited status. i imagine, then, that they must obey a set of regulations that protects their account holders
Probably. Some kind of high risk portfolio where the individual investors are clearly warned up front that the science may or may not prove out, but if it does, the upside could be a market beater.
I’m not entirely sure how all of this works, due to hedge funds betting heavily on junk bonds, and angel investors bankrolling companies with nothing more than an idea.
