# Accredited investor

Someone the securities rules let you raise from privately.

Raising [search capital](https://searchspheresource.com/glossary/search-capital) or filling an [equity gap](https://searchspheresource.com/glossary/equity-gap) almost always means staying inside a private-offering exemption, and that exemption is written around who your money comes from rather than what you tell them. A check from a friend who does not qualify can unwind a raise long after it is spent, which is why the question gets asked before the wire and in writing.

In numbers: The usual tests are $200,000 of individual income, or $300,000 with a spouse, in each of the last two years, or $1M of net worth counted without the family home.

Source: https://searchspheresource.com/glossary/accredited-investor
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt