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The problem with equity crowdfunding right now is that most of the tech startups aren't raising money through the portals. What percentage of the YC Summer 2017
by crispytx 9y ago
The problem with equity crowdfunding right now is that most of the tech startups aren't raising money through the portals. What percentage of the YC Summer 2017 batch do you think will go on to raise money through the equity crowdfunding portals? My guess is that few, if any, of the YC Summer 2017 companies will raise money through equity crowdfunding. And this is a huge problem for potential equity crowdfunding investors. Equity crowdfunding investors simply do not have the opportunity to invest in large number of the best startups. Go check out the types of companies raising money on the funding portals, most aren't tech startups. You'll find all sorts of bullshit companies, everything from board games to restaurants!