To date, crowdfunding has been downplayed in Wall Street's Concrete Canyon. But that may be about to change.
Interest in crowdfunding from traditional finance players like private equity’s Bain Capital is growing, even though skeptics have downplayed crowdfunding in serious corporate finance.
RockThePost, a crowdfunding platform that seeks money for startups, holds monthly "Demo Days," where startups pitch ideas to wealthy investors, angel investors, family office investors and institutional investors.
The latest Demo Day hosted pitches from five companies seeking crowdfunding. Representatives of Bain Capital, along with venture capital firms like Emerald Stage2 Ventures and Fresh Track Capital, attended.
Companies selected to pitch include those that are trending on RockThePost’s crowdfunding platform, which has raised $23.5 million for its startups since its March 2013 launch. Each startup has ten minutes to make its case before investors rate them publicly and later send feedback.
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Via Marc Kneepkens