WBTangels is a network of angel funds that work together to invest in entrepreneurial ventures. Each angel fund has the opportunity to leverage a national network of technology, talent, and capital sources provided through the WBT Innovation Marketplace and other partners. All members of any of the WBTangel Funds are accredited investors. The federal securities laws define the term in Rule 501 of Regulation D, in part, as “a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase [of securities], excluding the value of the primary residence of such person;” or “a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.” Consult your advisors to determine your status as an accredited investor.