In the United States, to be considered an accredited investor, one must have a net worth of at least $1,000,000,
excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years
(or $300,000 combined income if married) and have the expectation to make the same amount this year. The term
"accredited investor" is defined in Rule 501 of Regulation D of the U.S. Securities and Exchange Commission (SEC).