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You can only angel invest (right now) if you're an accredited investor which is a non-trivial barrier for a freelancing engineer to overcome.


For US or Canadian companies, you are correct. Happily in Europe we treat adults like, well, adults, and it's pretty common for non-1% people to angel invest in early stage companies. Foreign investors are welcome too - and I don't think even the SEC can stop you investing your money overseas.




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