Crowdfunding small slice of startups' record fundraising


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“Looking at the broader funding landscape, we’re not really competing with VC firms. We’re looking at different types of companies that don’t have the luxury of going to VCs or family officers,” says co-founder of crowdfunding platform Equitise, Chris Gilbert.


Equitise has closed eight raises since January 2018, raising $8.3 million.


Gilbert says the platform has been flooded with requests since the model became legal, but guesses around one in 50 pitches have made it to a formal raise stage.


This is largely because the crowdfunding model doesn’t suit many types of businesses, like B2B products that can’t easily rally a crowd.


Article source: https://hollywoodlife.com/2018/11/07/celebrities-neon-eyeshadow-bright-makeup-pics-eg18/

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