What is considered “significant participation” on the part of the investor?
These investors separate basically into two categories. Within our database of over 7,500 investors, for example, a bimodal distribution occurs concerning preferred investment size. One segment of the database invests between $10,000 and $50,000. A second segment invests from $50,000 or $100,000 through $250,000. A small percentage invests more than $250,000 or less than $10,000 in each transaction; individuals are always looking for an opportunity to put a few thousand dollars in, just as there are individuals able to invest from $500,000 to $1.5 million directly in a venture. But these two extremes comprise less than 10 percent of our database. The two central distributions encompass the vast majority of individuals.
