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What is a Self Certified Sophisticated investor?

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What is a Self Certified Sophisticated investor?

These are experienced investors who understand the risks in investments. The technical definition is an individual who has been an angel investor for at least the last six months, or for at least the last two years has made at least one investment in an unlisted company, has worked in private equity or corporate finance and/or has been a director of a company with an annual turnover of at least $1.2 million.

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