3 ms·

check out profounder.com they do just that

• david927 15y ago
  Not really. You must have a substantial, pre-existing relationship with the investor and you may only have a few investors. Even then, because these are non-accredited investors, you may have trouble raising financing in later rounds. The idea of OpenStarts is that you can be funded by thousands of people you've never met and there's no penalty later.
  • milkshakes 15y ago
    while i can't speak to the 'penalty later' part, profounder does make it possible for kickstarter type fundraising from strangers. however, those people can't make more than their original investment back (sort of like kiva, which is not surprising, because Jessica Jackley, the pro-founder CEO, was one of kiva's co-founders)
    • davidthomaslang 15y ago
      Hi all, My name is David Lang, I'm the Community Manager at ProFounder. I wanted to weigh in on the great discussion above. ProFounder does, in fact, allow for equity investments and is legally compliant. As mentioned above, it's SEC compliant due to the fact that investors have prior, substantial relationships with the entrepreneurs.