Recently, I've been fascinated with the idea of becoming an Angel Investor and the potential career path that might lead. An Angel Investor, otherwise known as an accredited investor, is someone with a significant amount of wealth/income who has been registered with the SEC and has the ability to invest in start up companies.
The trick to becoming an Angel Investor is the whole concept of obtaining accreditation from the SEC. The general guidelines for such an accreditation are no easy feet and generally require a net worth (excluding the value of your home) of over $1 million, or a salary over $200,000 for the last 2 consecutive years. It's a little more relaxed if you through in your spouse as well, but nonetheless, you will still need a significant amount of wealth.
I am by no means anywhere close to this kind of wealth, but I have to admit that it sounds like an interesting career choice. Generally, Angel Investors are people who have started their own company and in turn want to invest in the early stages of a start up in order to potentially reep big gains at some point in the future. They take an early stake in the start up and often have to invest both time and money into its future growth. It sounds particularly interesting to me since it would expose an individual to all sorts of companies and experiences. On top of all that, it just seems like an exciting experience.
If you have the wealth to become an Angel Investor, you might be in the position for a significantly exciting career path. If not, well then you have something to shoot for.
Wonderful Moment of the Day: Woke up spooning my cat this morning.
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