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Crowd-Funding Success Usually Brings New Challenges

Startup Professionals Musings

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Amount of funding provided is usually not enough. Many fail spectacularly after exceeding their funding objectives.

Funding 101
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Is Crowd-Funding the Answer When Investors Decline?

Startup Professionals Musings

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Amount of funding provided is usually not enough. Crowd sample size and makeup not representative of market.

Funding 106
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Don’t Count on Crowd-Funding to Save Your Startup

Startup Professionals Musings

One of the hot new approaches I have seen around the country for assisting startups looking for funding has been “crowd-sourcing” sites ( Kickstarter ) or “crowd-pitching” events ( Funding Universe ). These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events.

Funding 92
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Crowd-Funding is a Bad Approach for Startups

Startup Professionals Musings

One of the hot new approaches I have seen around the country for assisting startups looking for funding has been “crowd-sourcing” tools ( ProFounder ) or “crowd-pitching” events ( Funding Universe ). These are variations on a “crowd-funding” theme to raise money for a startup through social networks and voting at public events.

Funding 59
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Contur Sorts Your Email From Clutter To Save You Hours | Interview With The Founders

Tech Zulu Event

Prior to joining Contur, he founded a successful business, and was a finalist at a South by Southwest Startup competition. Any funding yet? Yes, we’re powered by a seed round, and funding from Start Engine LA. You can see the results of Contur’s engine right on your screen. What inspired you? What is your business model?

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