There’s much more to the crowdfunding concept than simply indiegogo and Kickstarter. While they certainly are a major force in getting cool projects off the bottom, there are other outlets and uses for crowdfunding that may surprise you, including platforms that allow you to become an investor and back other entrepreneur’s projects.
5 Kinds of Crowdfunding You Never CONSIDERED
Beneath the JOBS Act (Jumpstart Our Business Startups) that was placed into effect by President Barack Obama, the playing field of investing has exposed to smaller accredited investors. Think you may be interested in taking part in a crowdfunded startup or possibly a commercial owning a home through crowdfunding? Listed below are three ways entrepreneurs will get in on crowdfunding for investment or as a way for raising capital, not only rewards.
1. Fundable is a good crossbreed of both uses for crowdfunding: investment and investing. Co-founded by serial entrepreneur Wil Schroter, Fundable really wants to change just how startup founders access capital and the investment options of backers.
What’s the primary difference if you’re seeking to crowdfund your business using Fundable over another platform such as for example Kickstarter or indiegogo? With Fundable, you select whether you would like to go the rewards route or the share-options route so you can get the capital you will need. The opportunity to choose how you get your funding puts more options in the hands so you can get the administrative centre you want.
Crowdfunding Generates A LOT MORE THAN $60,000 one hour (Infographic)
2. Asset Avenue. Try commercial property with this crowdfunded property-purchasing powerhouse. Backed by Adam Chapnick, among the principals of indiegogo, this crowdfunding platform enables you to try commercial property by funding property deals as an investor.
Asset Avenue reduces the complex and high barrier to entry of commercial property projects to enable you to participate as a certified investor and help crowdfund projects confidently in the hard asset of property. It’s also reassuring that it’s a crowfunding platform whose growth has been managed by a crowdfunding expert.
3. Fundrise is another cool investment platform that’s founded on the theory that anyone can and really should be capable of geting involved in property within their area. Co-founded by Daniel Miller and Benjamin Miller, their combined expertise and experience in finance and property led them to understand there was an easier way to do property deals that involved the “little guy” and a great deal of transparency about fees and ROI.
Fundrise offers up a lot of low price-point entries (starting at $100) and in localized regions in order to make more informed investment decisions predicated on the areas you know. The platform wants you to take pleasure from the rewards of backing property that impacts your community, with techniques you can understand and see.
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Related Book: Cash from the Crowd