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What are people's thoughts on peer-to-peer startup funding? Is it ever going to happen? By that I mean raising money with a larger number of smaller inputs fro
by thenbrent 16y ago
What are people's thoughts on peer-to-peer startup funding? Is it ever going to happen?
By that I mean raising money with a larger number of smaller inputs from a marketplace or similar. Potentially still in exchange for equity though also possibly for debt or just belief, as with Kickstarter.
Diaspora and Kickstarter are a recent successful example, though that was something of a black swan event in my opinion.
I do think this type of exchange could solve some of the things founders dislike about raising money, but it certainly raises other problems.
I heard a while ago of a company called Sprowtt planning to do something like this, but researching again just now, they appear to have "hit the deadpool" http://www.crunchbase.com/company/sprowtt-marketplace http://www.crunchbase.com/company/sprowtt-marketplace