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Pitch it!
Startups, Entrepreneurs, be better informed before you 'Pitch it'!
Curated by Marc Kneepkens
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Strategies: 7 keys to crowdfunding success

Strategies: 7 keys to crowdfunding success | Pitch it! | Scoop.it
Want to raise money for your new product, company, or creative project? A hot new option, crowdfunding, has all kinds of people — entrepreneurs, small-business owners, inventors, investors, artists, speculators and crooks — excited.

For many years, entrepreneurs and aspiring small-business owners had only two options when seeking investors.They could beg financing from a small group of those closest to them, what's referred to as friends, family, and fools. Or if they had a truly promising concept, they might be lucky enough to raise money from angel investors or venture capitalists.

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Marc Kneepkens's insight:

Good intro to the Crowdfunding concept. Pitching your idea or startup business is a bit different than pitching it to professional investors. Take a look at the 7 keys here to get a better understanding.Want to get more in depth information? Check out this video presentation, very affordable and high quality information: 'Crowdfunding formula.': https://growthink.infusionsoft.com/go/newmoneysource/gt4045/

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Law Opens Financing of Start-Ups to Crowds

Law Opens Financing of Start-Ups to Crowds | Pitch it! | Scoop.it

Entrepreneurs looking to the crowd to finance their big ideas just got a little extra help from the government.

On Monday, federal legislation goes into effect to allow small start-ups to ask for equity investments publicly without having to register the shares for public trading.

Business owners will now be able to raise up to $1 million a year this way.

The legislation is part of the 2012 “Jumpstart Our Business Start-ups Act,” or JOBS Act, meant to encourage the growth of new businesses. Entrepreneurs say it will address a central problem they face: that raising significant capital often depends on having personal connections to investors. Under prior rules, this had to be done privately until a business was ready to enter the public markets.

“How many entrepreneurs are there across the U.S., even in the Midwest, who have these great ideas but no way to tap into that capital?” said Todd Dipaola, an entrepreneur in Venice, Calif. His start-up, ForeFund Capital, is a would-be platform to let real estate entrepreneurs raise money from potential investors.

But others, including noted tech investors like Fred Wilson and Rick Webb, are less optimistic. They warn that by deregulating the raising of equity investment — at least in part — the legislation has the potential to unleash a cascade of abuses by luring investors to what may be risky and untenable business ventures. And some critics have questioned whether it will even help entrepreneurs, because if a company raises more than $500,000 it will have to produce audited financial records — a significant expense for a young business.

To read the full article, click on the title.

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'Crowdfunding formula' a presentation by Growthink's CEO
Marc Kneepkens's curator insight, September 23, 2013 9:36 AM

Different opinions, but new options for Startups. Good article, summarizing the new regulations.

Get some more exposure for your campaign here, with a FREE listing: http://www.business-funding-insider.com/crowdfunding-campaign.html