Fundraising

What about crowd funding?

Roger MacKenzie Analytics Freelancer and Machine Learning Student

September 20th, 2016

I have an idea, which I'm sorting its viability. 

It would be an online data mining site. I'm wondering about the pros and cons of getting an agent for crowd funding. And more generally pros and cons of crowd funding.
As a founder, you’re always in fundraising mode (whether active or passive). In this course, we’ll teach you how to successfully raise follow-on capital, establish a valuation for your company, build an investor pipeline for your next round, and more...

Irwin Stein Very experienced (40 years) corporate,securities and real estate attorney.

September 20th, 2016

Overall crowdfunding  campaigns of various types are successful about 30% of the time, meaning 70% of the time the  company does not get the money it wants. The crowdfunding industry is full of experts and consultants  who have no experience raising money or dealing with investors.  That said, if you have a really good idea for a profitable business, structure the offering correctly, spend what it takes to package the offering and attract investors it can and does work.  

priyank JAIN Business Manager at Loca Globe

September 20th, 2016

Hi Roger,

Martin Omansky Independent Venture Capital & Private Equity Professional

September 21st, 2016

Equity Crowdfunding is an iffy proposition. Contact the law firm Pepper Hamilton in Philadelphia for details. Best you do a more conventional private placement. Sent from my iPhone

Roger MacKenzie Analytics Freelancer and Machine Learning Student

September 21st, 2016

In reply to Irwin Stein
I have the most brilliant idea, but I have not fleshed it out or applied sweat to it. So, who knows!
Do you have some guidelines on how to "structure the offering correctly." What would be a good structure as opposed to getting a bank loan?

Adam Pressman

September 21st, 2016

Hi Roger, 
I work with Irwin and we provide a month long preparatory process called the FundMonth. It's designed to get you the ingredients found in 97% of successful raises via crowdfunding in just 30 days.  It is a very aggressive pace and requires a great deal of commitment from you and us.  No one wants to do it twice but they think it's the best month and money they ever spent.  It's $3500 and we guarantee you will agree no one has worked harder for your campaign.