Source tweets , , , . <| sep |> there are many uneccessary changes to decent cards and many straight up broken cards that would break the game . and a few decent changhes . <| sep |> Coast England , Norway , Spain , Lisbon CS large bias , Nan Madol CS large biasJapan doesn ' t have a coastal start bias ? wtf ? <| sep |> If we ' re talking about Southern here , then no , I ' m not too fond of them . That being said , some American accents are really cool . <| sep |> The interviewer did do a terrible job with that . I thought the same thing as you . I guess I ' ll just stick with my drill press and 80 % lowers . <| sep |> That right there is a nice cock . <| sep |> ChelseaWe ' re talking about the good teams here <| sep |># Sebi boosts startup funding , relaxes rules for angel funds 621 x 414 LiveMintPeriod 220161124 PhotosProcessedECOBX 9 JLkIDB 621 x 414 LiveMint . jpgThe lockin requirement has been reduced from three years to one year for angel funds , and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh . Photo Aniruddha ChowdhuryMintMumbai Seeking to give a fillip to startup funding , capital markets regulator Securities and Exchange Board of India Sebi on Wednesday relaxed its rules for investment by angel funds in this space , including by allowing them to invest in up to fiveyear old entities . Besides , the lockin requirement has been reduced from three years to one year for angel funds , and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh . Angel funds are allowed to invest in overseas venture capital undertakings up to 25 % of their investible corpus in line with other alternative investment funds AIFs . The upper limit for number of angel investors in a scheme will be increased from 49 to 200 , as per decision taken by the Sebi board on Wednesday . The board approved amendments to Sebi Alternative Investment Funds Regulations , 2012 , following which the definition of startups for angel funds investments will be similar to one of Department of Industrial Policy Promotion DIPP as given in their startup policy . Accordingly , angel funds will be allowed to invest in startups incorporated within five years , which was earlier three years , Sebi said . To diversify risks , Sebi has also allowed angel funds to make overseas investments up to 25 % of their investible corpus , in line with other Alternative Investment Funds AIFs . There are many startups that require a smaller amount of validating proposition and bringing down the limit to Rs 25 lakh from Rs 50 lakh will help such companies raise funds at the initial stage of idea generations . In order to further develop the alternative investment industry and the startup ecosystem in India , Sebi in March 2015 constituted a committee of experts drawn from the across market participants called Alternative Investment Policy Advisory Committee AIPAC under the chairmanship of N . R . Narayana Murthy . AIPAC had submitted its report to Sebi with various recommendations , including certain recommendations relating to angel funds . Considering the recommendations in the report and public comments thereon , the Sebi board has now approved amendments to AIF regulations with respect to angel funds . Angel fund , a subcategory of AIF , encourages entrepreneurship in the country by financing small startups at a stage where such firms find it difficult to obtain capital from traditional sources of finance such as banks and financial institutions . In addition , angel funds offer mentoring to entrepreneurs as well as access to their own business networks . Currently , 266 AIFs are registered with Sebi , of which , 84 are registered under Category I , including four angel funds . Version 0 . 5 b Function I post the article ' s text as a comment if the website is adblocker unfriendly . I accept commands ! Powered by