Investors
Member Investor Criteria
The Joplin Angel Network has designed a network to introduce investors on a confidential, anonymous basis to entrepreneurs with business opportunities that require financial capital. Membership in the network is open only to qualified investors who meet the “accredited investor” criteria in the Securities Act of 1933, Regulation D:
- a bank, insurance company, registered investment company, business development company, or small business investment company;
- an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
- a charitable organization, corporation, or partnership with assets exceeding $5 million;
- a director, executive officer, or general partner of the company selling the securities;
- a business in which all the equity owners are accredited investors;
- a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase;
- a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or
- a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.
Member Benefits
Investor Members will be able to access Business Opportunity Applications, participate in investment presentations made by entrepreneurs, as well as take part in member networking activities.
The Network acts only as a conduit to circulate Business Opportunities from entrepreneurs to “accredited investors” who are Angel Investor Members of the Joplin Angel Network. The Network does not provide any investment advice or recommendations. Angel Investor Members are responsible for completing their own due diligence, completing their own confidentiality agreements and coming to their own investment conclusions.