Angels fear outcome of FMA wholesale investor eligibility test
It could become hard to raise capital from angel investors and others if FMA tightens rules around investor experience.
Angel Association New Zealand CEO Bridget Unsworth.
Potential moves to tighten up on wholesale investors’ eligibility has angel groups concerned it could make it too difficult for companies to raise money from them.
And Snowball Effect, an investment platform for raising funds from wholesale and retail investors, says the amount of risk involved in
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