Crowd Investing: Wefunder

Post by OpenStartup » Thu, Feb 02, 2012, 5:48 AM UTC

robmay wrote: post #20

I have a lot of experience here because a) in 2005 I started something called "The Business Experiment" which was an attempt to have a purely crowd sourced business. ( http://www.fastcompany.com/magazine/101/next-essay.html ) At the time, I spent a lot of my own money on lawyers trying to figure out how to give equity to people who aren't accredited investors. b)I have since raised $10.5M in venture capital for Backu…

Symbid.com is a dutch company that is selling equity. Within months they have raised over $500K for a number of startups. If HR.2930 is NOT passed and the the senate waters it down with S.1791 version to TRY to protect Angelgate and Wall Street the American Entrepreneur is Fucked. Here is a talk http://j.mp/WefunderPet

Post by SaidiSmenk » Thu, Feb 02, 2012, 10:46 AM UTC

robmay wrote: post #20

I have a lot of experience here because a) in 2005 I started something called "The Business Experiment" which was an attempt to have a purely crowd sourced business. ( http://www.fastcompany.com/magazine/101/next-essay.html ) At the time, I spent a lot of my own money on lawyers trying to figure out how to give equity to people who aren't accredited investors. b)I have since raised $10.5M in venture capital for Backu…

I agree with you with all the pionts you made with the information you have.

Listen up, the world is changing. Startup is changing big time. Movements like "Lean(eric reis)","cloud (marc bernoiff)""richdad(robert kiyosaki)","kickstarter", "500 startups" (paul graham)" and "business mastery" (anthony robbins) show big potential of the new way to do startups and investing. Thanks to the mobile phone, we have access to all the data of the world what kings or leaders have never have. The time is changing big time!!!!!

The stats about 9/10 fail in the first year. And after that five years later 9/10 failed. Those are oldschool stats with all oldschool believes/behavoir. You have experiment with one startup and gave up. Instead of fighting for your vision and make it possible. (talking about your crowd idea, not backify)

Those threats what you describe are diamant for wefund. Wefund learn from it and give proper arguments/answer to that. But for now WeFund vision is possible! Let's experiment with it and see what kind of other businessmodels/investeringmodels will come out of it, after the government stop acting like parents!!!!

We can make mistake, that is how we learn. Stop trying to be my protector! I will learn from my own investing mistakes, why am i forbidden to make just a small investment into a smallcompany?

Re: Crowd Investing: Wefunder

Re: Crowd Investing: Wefunder