|Sent on:||Sunday, June 10, 2012 2:17 AM|
Need CA$H? Ask the Crowd
“>1 million Startups got $1.5B from 500 Crowd Funders last year. That amount is expected to double this year as Crowd Funding explodes. Get your fair share !!!”
This info comes from a talk by Carl Ruzychi/ Crowd Funding specialist at the Silicon Valley Startup Funding Meetup on Thursday 07 June 2012.
Crowd Funding is an emerging Internet & Finance trend, using social media & online networks - which increasingly strip away legal, psychological & logistical barriers for Fund Raising. Crowd Funding call on individuals to pool money - via the Internet - to support others' business, charitable & creative efforts.
There are four Types of Crowd Funding: 1) Equity, but it’s poor cause you may have to give away too much of your company. 2) Loans, which are good, if you can get them, 3) Donations to a Non-Profit organization with no expectations of compensation, 4) Reward for donating cash to your cause and you provide them with a “reward” (ie, product, service or perk). This is best method to get the most amount of money for the least effort.
Altho there are >500 Crowd Funding companies, I’d like to give you the top ones the you could check out or we could help you with preparing for: #1 Kickstarter (is largest & focuses in creative projects), 2) Rocket Hut (creative projects), 3) WeFunder (has $12M for Founders), 4) BelieverFund & 5) AppBacker (both apps), 6) Quirky (inventors), CoFolio (local small Biz), 7) ProFunder (community projects), & 8) Peer Backers (peer-to-peer funding).
Contact [address removed], 5 Star Startup Services if you need help, (408) 833-5900.