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Business

THE SECRETS BEHIND CROWDFUNDING

Global Music Tribune

I’ve been involved for the first time in a project for a crowdfunding platform and felt really excited about it. However what will be the next step? How to persuade investors? It’s worth to consider some tips that should be the guideline for everyone who starts this business . Firstly be aware of fake investors. Second, raising capital should be a step step process, avoiding to do it fully in one time. The strategy would be to have a small investment at the beginning based on crowdfunding and retaining more ownership thank’s to raising money when there is a real need. The main advantage is that there are a lot of equity owners  and it’s easy to attract consensus, however it’s hard to manage the human and emotional side. As result of it, in some situations investors with few rights can be converted in majorites and In addition, It’s really…

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About Nicholas Maithya

I am a writer focussing on disruptive technology, Fintech, Big Data and Internet of Things, Online Marketing trends, and investments. When I am not writing about these, I am probably in the gym working out, out and about with family, watching the news (basically business/technology) or soccer. That's why I do sometimes cover soccer-related stories.

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