4 ms·
are there any crowd funded equity raise out there? whats the overall process like compared to traditional money raise? because i feel like that is the best alt
by browsercoin 8y ago
are there any crowd funded equity raise out there? whats the overall process like compared to traditional money raise?
because i feel like that is the best alternative to this 2013 article, it lets you bypass the whole problem of having to know an investor, mind you, is not necessarily a rewarding experience.
the fact is any one that has managed a small portfolio with or without wins is tough to tell apart from each other. when you have certain amount of money it buys you a comfortable cushion to fall back on despite your failures and still come across as successful, but in fact you are a horrible fucking money manager/investor who happened to get lucky in the 90s through ultimately being exposed to an environment where wealth and poverty divide is particularly wide in a massive city.
a crowd source equity fund raise, not much different from an ICO apart the added rigor (one ICO had some Russian dude in a drag posing as HR, switching gender and hair color for different roles filled by the same person, exit scammed with an anti-semetic pepe meme), equalizes the power balance between investor and innovator from what was a master-slave relationship to many masters-slave that is supposed to be more democratic yet fragility is questionable. ex. FUD, fake news causing run on bank vs one investor weathering it out because of #faith
im still not sure what the legality of crowd equity raising is in canada but this is what i decided to pursue now.
- wslh 8y agoConvincing a lot of people to fund your project in a crowdsourcing campaign could be more difficult than convincing a few investors. This and crowdfunding for equity is much different that crowdfunding in the kickstarter sense because you would need to add a lot of paperwork and legal advice.