Can Fortune 500 executives also be angel investors?
Sure! There are quite a few senior executives of large companies who are angel investors. Unless there are specific competitive or ethical issues with a particular investment, there is nothing different from their employer’s viewpoint about investing in a private company rather than a public one.
The only legal issue is that they need, like anyone else, to be an accredited investor. But if they are indeed CMO of a Fortune 500 company, they are likely making significantly more than $200,000 annually, so they should comfortably qualify.
*original post can be found on Quora @ http://www.quora.com/David-S-Rose/answers *
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This article is intended for informational purposes only, and doesn't constitute tax, accounting, or legal advice. Everyone's situation is different! For advice in light of your unique circumstances, consult a tax advisor, accountant, or lawyer.