Under Reg. D, a startup can publicly advertise the sale of its shares and there is no upper limit to the amount they can raise.

The downside is that it can only sell to verified “accredited investors” (i.e. individuals or married couples with a net worth in excess of $1 million). That means that most everyday investors won’t be able to participate.

Because businesses at this funding level have already achieved some level of success, 506(c) raises can be great investment opportunities for those who qualify.

For those who don’t, there are still other offerings you can participate in – with just as much potential to make you a millionaire.