Post by Admin on Sept 27, 2013 20:12:13 GMT -7
One of the issues I have had to deal with Project Hera is how to get it and keep it funded. If you are curious, I bootstrapped it. being a software engineer by trade, I just decided to do it one day after getting frustrated with the economy. I figure I'll keep doing it in my spare time so I have a good iron in the fire for later, assuming it turns into something.
Here is one the the sites I'm personally working with. They do traditional venture capitalization and something called "crowd-funding". As far as I can make out (I'm hoping they'll handle a lot of the thinkin in this area) "crowd-funding" is a form of angel investing for a first round venture capital injection for a small business just getting off the ground. Crowd-funding is a collection of "sophisticated investors" (a SEC designation for upper-middle class investors who meet specific income requirements; they can band together forming a small group that can, together, assist in capitalizing a new, or existing business.
Here is their link to their FAQ page. I'm neither recommending nor not recommending them, only forwarding their perspective. Its informative to say the least.
Crowd Funding and Venture Capitalization
I put if forward for discussion because I know that there are a lot of people out there that are looking at starting small businesses with the economy the way it is. Helpful?
Here is one the the sites I'm personally working with. They do traditional venture capitalization and something called "crowd-funding". As far as I can make out (I'm hoping they'll handle a lot of the thinkin in this area) "crowd-funding" is a form of angel investing for a first round venture capital injection for a small business just getting off the ground. Crowd-funding is a collection of "sophisticated investors" (a SEC designation for upper-middle class investors who meet specific income requirements; they can band together forming a small group that can, together, assist in capitalizing a new, or existing business.
Here is their link to their FAQ page. I'm neither recommending nor not recommending them, only forwarding their perspective. Its informative to say the least.
Crowd Funding and Venture Capitalization
I put if forward for discussion because I know that there are a lot of people out there that are looking at starting small businesses with the economy the way it is. Helpful?