Top Ten Crowdfunding Platforms – Choose the Best for Your Startup

Are you the kind who pays attention to solving a problem by the root cause? Are you the one who invests a considerable amount of time in devising a plan or a strategy on something that can work out to be money making idea? You are the one who is driven by an entrepreneurial spirit yet bogged down due to unavailability of the required resources or the capital to convert your idea to success?

Then crowdfunding could be the answer for you. It is where a group of common people who believe in your idea and thinks it has the potential to succeed are influenced enough such that they agree to invest their money to get your idea sailing in consideration for a reward.

There are a few good reasons why you should pay attention to the 10 websites below. These 10 penny ploughing carts have the potential to raise enough money to set your dream project in motion.

Crowdfunder.com

Choose between 2 plans: $299/month or $999/month; both provide different features and benefits. The benefits you get are: your confidential documents will remain totally safe, you will be provided with live support and you will have access to their established network of investors

Seedinvest.com

They have invaluable experience. The founding members are financial specialists themselves and have managed millions of dollars’ worth of private investments. Their reviewing procedure is intensive, so ensure you have an expert proposition and assume that it will take a while before your venture plan is affirmed or rejected. Click here to read more info about financial specialists.

Top Ten Crowdfunding Platforms - Choose the Best for Your Startup

Seedups.com

Expect to get a lot of suggestions while your project is being reviewed. You can raise anywhere from $25,000 to $500,000 and they will charge a 5% fee if your campaign succeeds.

Rockethub.com

They have a Success School program wherein you will get useful tips on how to make your project better. Rockethub will make you approach social media friends for funds. They will ask for a 4% fee if you succeed in fundraising your expected amount, if not then you end up paying 8% and an additional 4% transaction fee. Read more http://www.bls.gov/ooh/business-and-financial/fundraisers.htm

Tilt.com

Take anything from a monetary goal where you decide a fundraising limit or try selling a pre-decided number of items or convince people to split your project expenses, here you decide your own goals. Take a lower limit and a higher limit (dream goal). You need to rely on your existing list of social media friends list to look for funds. You pay 2.5% for a successful project and an additional 2.5% in transaction fee.

Indiegogo.com

Your Go-Go popularity is crucial here. The more your campaign is active on their homepage the better you’d rank on your Go-Go popularity. You get to choose between a fixed or a flexible plan. Under fixed funded plans they take a 4% fee and the transaction fee in addition. Under flexible funded plan they take a 4% fee if you reach your objective, if not they …

Read more

Equity Crowdfunding: Set to Change the World

Evolution doesn’t necessarily mean that we leap through our present in a blink of any eye and soon look back upon our past, which looked like the future just a few years ago. Two totally different ideas targeted to different audiences and appealing to different segments can come to compete with each other and only a few far sighted people can foresee that. Read more http://www.nytimes.com/2015/10/31/business/dealbook/sec-gives-small-investors-access-to-equity-crowdfunding.html?_r=0

To make you understand better I would give you an example of the airline industry. It targets two types of audience:

I P eople who travel from A to B for business activities
II P eople who travel from A to B for non-business/Leisure activities

When video conferencing arrived in the world, little did we know that it would soon bring down the business that airline industry has garnered over the years targeting the people who travel around the world for business. Now they can just connect with each other through their laptop screens and the purpose is served, the need is fulfilled.

Similarly, I think equity crowdfunding is a game changer. It is unlike any other means of crowdfunding we have seen in the past, be it angel investments or venture capital funding. It will not just create more of what the above two bring to the table but it will show us the third dimension. It will give the common man the power to use their money by aiming it to the right opportunity.

Equity Crowdfunding Set to Change the World

SEC Approves Title III of JOBS Act, Equity Crowdfunding with Non-Accredited

With SECs green signal to the title III of the JOBS ACT the game is set to change and we will see its effects in the next 3 to 5 years. It empowers routine investors for the first time in the last eight years to put their capital into new startups (early stage companies) which in turn will route huge sums of resources to the small businesses on the rise. Back in 80s when you bought shares on the stock exchange you had to pay a big fat amount as broking fees, but then came along websites like TD Ameritrade which gave straight access to trading. We are witnessing the same change today. Click here to read more info about Equity Crowdfunding.

There has been a lot happening contemplating this move. The smartest of the lot of institutional investors are already ploughing their money into business portals and platforms which will support equity-based crowdfunding. The institutional investors are not the only ones there are many other big media houses, social media companies and other businesses who are procuring equity mass-funded infrastructure.

If we date back to the age when man molded brass and copper coins that was when the world realized for the first time ever that there can be trade other than barter as well. It marked as one of the defining shifts up the rung for humanity on the pyramid of trade and commerce. Approval to non-accredited investors is set out to do just that.…

Read more