This week Dan Sullivan and I did a talk for The Capital Network on the pros and cons of crowdfunding for entrepreneurs and investors. The key distinction we were making is that people conflate two very different kinds of activities into one bucket. Product crowdfunding is a very interesting way of financing innovation at the product level. Equity crowdfunding where you take ownership in a company is a much different and more complicated thing. For additional thoughts on the product crowdfunding, see Customer Crowdfunding: Not So Fast, Entrepreneurs and the redux. For additional thoughts on the equity issues, see here (Thoughts), here (Dixon), here (Wilson) and here (other).
In any event, our presentation was followed by a great discussion, for which I unfortunately do not have a transcript, but I do have the slides. Here they are:
If you enjoyed this post, you might enjoy: Nailing The One Minute Pitch, Start-Up Marketing Series, Customer Crowdfunding: Not So Fast Entrepreneurs (Again!), Constructing a Pitch, Pick Your Angel Investors Wisely (David Hornik), Why Angels Chase Electrons, Boards vs. Advisory Boards, Interview: State of the VC & Angel Market and How to Raise Money, Delusional Economics, Ten Rules For Navigating in The Age of Outrage, That Vision Thing, The Power of An Advisory Board, Loch Ness, Unicorns & The First-Mover Advantage, Does This Slide Deck Make Me Look Fat?, The Long Road to Instant Success, Top Angel Investors in New England, Launchpad Overview – Angel Video Interview Series, Customer Crowdfunding: Not So Fast, Entrepreneurs, Crowdfunding: You Cannot Make This Stuff Up!, Angel Video Interview Series, VC Investing: Are the Lines Starting to Converge?, Thoughts on Crowdfunding, Entrepreneur at Work: Caine’s Arcade, The Crowdfunding Interview (Frank Peters Show), Pattern Matching Can Cause Blindspots, Getting Off The Ground; Early Formation Economics, Pitch Clinic at MassChallenge (Video), Are Entrepreneurs Wild Risk-Takers?, Top 20 Dos & Don’ts with Angel Groups & Early Stage Financing, 20 Bootstrapping Ideas.
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