I was feeling a little festive yesterday and didn’t get to a roundup, so we’re making up for it today with a big roundup of things we’ve found throughout the week. My turkey coma has thankfully worn off.
British crowdfunding platforms like Seedrs and Crowdcube are planning expansion into global markets, but that starts with expansion into EU markets. For example, Jeff Lynn of Seedrs points out that expansion across the EU could open his platform to 500,000,000 potential investors. Crowdcube is focusing on Italy, New Zealand and Span.
In this article written for the Wall Street Journal, Red Rocket Ventures partner George Deeb explains why crowdfunding could surface challenges for companies that move on to raises later in the funding lifecycle. In his words, “coordinating and communicating with hundreds of investors can be cumbersome and having lots of investors could make it harder to more capital later on from venture capitalists.”
De Correspondent raised over $1.7 million for a new journalistic publication launched on September 30th of this year. They stake claim to the largest journalism-related crowdfunding project in history. This post on Medium explains how the did it and why they did it.
Want to be a successful crowdfunder? Find a pain point in your life and solve it, as you are not a beautiful and unique snowflake; others are certain to have the same problem you do. That is the argument at the core of this article in Upstart Business Journal.
Abundance Generation Blog | Did RWE really abandon a long-planned offshore wind farm because of ‘deep water’?
Abundance Generation’s ethos comes through in this post that outlines some of the disruption taking place due to the proliferation of renewable energy in European markets.
This article co-authored by Mary Juetten and Efrat Kasznik provides a reminder about one of the pitfalls of crowdfunding, and that is that crowdfunding forces the entrepreneur to share what may be sensitive information about his or her novel concept with the crowd. The article originally appeared in VentureBeat in October, but it is important information to resurface from time to time.