> 500 unaccredited share holders. The JOBS act got rid of the 500 shareholder ar... | Hacker News

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scurvy on July 31, 2015 | parent | context | favorite | on: Startup Stock Option Changes

> 500 unaccredited share holders. The JOBS act got rid of the 500 shareholder arbitrary limit. It's now 2000 total or 500 unaccredited.

rdl on July 31, 2015 [–]

The #1 reason for all of this is actually "that's how it has always been done", which is strong motivation for non-core things in a startup.

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