Crowdcube Co-Founder Luke Lang was briefly interviewed on BBC as a quick feature on crowdfunding and the equity platform. BBC Spotlight focused on a recently launched equity offering – Whackjob – currently solidity £150,000 for 40 % equity in their growing small business. The company, led by Co-Founder Joel Teague, makes mountain biking clothing made out of Bamboo fiber.
The gist of this video is that crowdfunding, actively supported by the government, is filling the gap in funding to finance business growth. Business leaders note that crowdfunding is a major new arrival for the regions economy.
Crowdcube has raised over £12 Million to date for over 60 businesses.