A while back we had a sponsor called StartEngine and I was really excited about it. The reason was because it was a new way to raise money. But what really got my attention was the bio section of the founder. His background was fascinating.I invited him here to talk about the revolutionary was his company is enabling entrepreneurs to raise money as well as his previous companies.Howard Marks is the CEO and Co-Founder of StartEngine which is an equity crowdfunding platform, connecting investors with startups.
Is your startup dying? Raising funds for startups is becoming more and more challenging. If you’re passionate enough about your startup, then you’ll have the courage to go through hardships and overcome all the challenges. The question is how to find investment and grow your business. The amount and the quality of investment can change the future of your startup, so you need to think twice before seeking traditional seed capital, applying for bank loans, or starting crowdfunding campaigns.
Here’s how to make sure your campaign is a blockbuster. Julie Brusaw and her husband Scott launched an Indiegogo campaign in 2014 with a goal of $1,000,000. They ended up raising more than $2.2 million for Solar Roadways, a company that makes solar panels that can be walked and driven on.
A lot of people claim to be crowdfunding experts. A few of them actually are.
Crowdfunding is a multibillion dollar worldwide industry that continues to disrupt the traditional world of corporate finance, as well as change the way products go to market. Businesses new and old, small and large, are now incorporating both rewards crowdfunding and equity crowdfunding. The capital raising playbooks have changed. The interest in how to use crowdfunding and equity crowdfunding effectively is reaching new heights every day.
The World Bank has predicted that global investment in crowdfunding will hit $93 billion by 2025. What will you do to get in on this trend?
When you’re a startup, you’re almost always worried about the overall growth of your business. While raising enough capital is a huge concern, other factors crucial to growth include research, marketing outreach and efforts to spread awareness about your product/service.