Crowdfunding for equity solutions series Part 2: Advertising and advice
Symbid presents David Drake's 10-part serie on equity-crowdfunding. A great opportunity to stay in the (k)now about everything regarding interntional equity-crowdfunding developments.
By: David Drake, founder and Chairman of LDJ Capital in New York City
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The Scientific Approach to Crowdfunding: an 8 week course, part 1
Today, Symbid is kicking off an 8-week online series on how to crowdfund your idea. What's so special? It's based on scientific research by Laurs, Leeuwen & Loggies from the Erasmus University of Rotterdam (The Netherlands). Today, we kick off with an introduction and will follow up with 7 steps that will get your pitch fully funded!
Crowdfunding for equity solutions series part 1: Investor Protection
Symbid presents David Drake's 10-part serie on equity-crowdfunding. A great opportunity to stay in the (k)now about everything regarding interntional equity-crowdfunding developments.
By: David Drake, founder and Chairman of LDJ Capital in New York City
What type of crowdfunding should you use?
Crowdfunding is not only a solution for entrepreneurs who are looking for seed capital, but also for investors who want to control their portfolio and get some Return on Investment. With the prospect of equity-crowdfunding in the U.S. and the blooming equity crowdfunding market in the Europe, it’s good to know what sort of crowdfunding you should be looking for. Nesta, the national innovation foundation in the U.K., identifies four types of crowdfunding: donation crowdfunding; reward crowdfunding; Peer-to-Peer lending and equity crowdfunding.
Crowdfunding: Crowd Wisdom, Mob Mentality
The concept of “crowd wisdom” is often cited as a strength of crowdsourcing and crowdfunding.
The wisdom of the crowd is the process of taking into account the collective opinion of a group of individuals rather than a single expert to answer a question. A large group’s aggregated answers to questions involving quantity estimation, general world knowledge, and spatial reasoning has generally been found to be as good as, and often better than, the answer given by any of the individuals within the group.
Author: Charles Luzhar, Director at Crowdfund Insider
Gaming is essential for entrepreneurs, so join!
On the 14th and 15th of November this years’ 24HourBusinessGame will take place. Entrepreneurial thinking, inertia, and creativity – That is what the 24HourBusinessGame is mostly about. It is your chance to become active and innovative in creating a business plan of your own idea. Anything is possible as long as you make it realistically applicable.
Meet the Top 100 Crowdfunders of All Time @ The Soho Loft Webinar Series
"Through education and sharing of ideas crowdfunding is reshaping capital markets and stimulating economic growth like never before.” – David Drake, Founder and Chairman of LDJ Capital and The Soho Loft.
Webinar: The Top 100 Crowdfunders of All Time, including Symbid
Crowdfunding as a nascent industry is at the threshold of discovering its emerging and own unique set of strengths, weaknesses, challenges and opportunities.This series aim to encapsulate the history and development of the crowdfunding movement through the perception and views of the leading minds and teams focusing on one or more aspects of its multi-faceted organic nature.
We're in the Top4 equity crowdfunding platforms in the world!
Symbid is definitly worth focussing on, according to David Drake from The SohoLoft. That's great news! We're very happy to be amongst the best developed equity-crowdfdunding platforms in the world and we hope you think so too. Don't be afraid to let us know what we can do to be number 1 next year!
Check this infographic to find out what makes a crowdfunding campaign successful!
Want to know how to make your crowdfunding campaign a booming success? This infographic has been developed by Symbid's own financial and marketing experts, and is based on research by Crowdfunding Consultancy Agency Douw & Koren, information published by Forbes and the NESTA/ Meltwater crowdfunding report. Learn, enjoy and create a fantastic crowdfunding campaign!
Crowdfunders Go Global: The Soho Loft Takes Crowdfunding on the Road, 250+ Conferences with EU Angels, Indiegogo and Kickstarter
NEW YORK, Jan. 19, 2013 -- The Soho Loft is expanding its financial innovation conferences globally. Led by financial innovation visionary David Drake, the firm now co-produces over 250 events per annum globally on financial innovation. The global growth strategy of The Soho Loft is embracing strategic global partners like EFactor, FundingPost and TechMeetUps to encompass their expansion to the US and Europe.
Symbid on Forbes: 2013: What's In Store For Crowdfunding And Angel Investors
CrowdFunding will lead the way!
The first half of 2013 will be a time when self-assessed delivery, customer and consumer communication and angel experience in quality control and supply chain operations will become key topics. Governance topics will evolve subsequently by Q3 2013.
Symbid in The Economist: Filling the bank-shaped hole
Europe’s banks are shrinking. What will take their place?
Of the things you expect to encounter in a financial firm nowadays, hope is not high on the list. Panoramic views, insincere receptionists, plates of uneaten biscuits, yes. Optimism, no. But this is a time of huge opportunity in finance—as long as you are something other than a bank.
Symbid's first infographic: find out everything about crowdfunding!
Over 10.000 members, the US holds 44% of the total crowdfunding industry, four different crowfunding models exist and more information: find it in our amazing infographic!
TEDxFullerton - Frank Peters - The Art Of Entrepreneurship
"After only fifteen years", as Frank Peters says himself, became an overnight success. From Customer Resource Management to dance photography and TEDX speaker: Frank Peters has seen it all. Last week, he interviewed Korstiaan Zandvliet about the start and development of a crowdfunding platform.
Free Download: Crowdfunding, Why People do Not Invest Online
Last week's article was such a great success, we've decided to make it entirely available via download and for free. So go ahead and get your copy right now!
Why People Do Not Invest through Online Crowdfunding? Strengths and Weaknesses of the Online Equity-Based Model
Currently lots of hyped articles about crowdfunding can be found online. Is everything they describe nonsense? No, definitly not but they do need some backup for their claims and that's what this article provides: an approach on crowdfunding motivations from a scholarly perspective. So what are exactly the reasons for online equity investments or alternatively, ordering the product via perks- crowdfunding (or reward based crowdfunding)?
By Gianluca Valentini, Financial Engineer, Owner and Blogger of Equidam.
Four reasons why cash is King
This is the first article in reply of a question we received (thanks Murali). The topic conceners the importanance of cash in the startup. Everybody knows that the cash is important for survival. The burn ratio is the constant focus of both investors and early stage entrepreneurs. However, there are other ways and reasons that determine the importance of cash.
By Daniel Faloppa, Financial Content Manager, Owner and Blogger of Equidam.
The discount rate in the valuation of a startup
This article provide an argument against excessive reduction in the valuation of startup when negotiating with investors. If you approach a VC or BA, you will probably hear that “I need to be compensated for the risk I'm taking” or “I want a larger return than that”. What does it mean? What’s the link between discount rate and required return and how it is related with the amount of equity you will have to grant them to seal the deal?
By Gianluca Valentini, Financial Engineer, Owner and Blogger of Equidam.
Flexibility in Financing: Convertible Securities and Warrants to Negotiate Your Loans
There are several ways to accept external funds from investors. Debt is strict and it doesn’t really match a flexible structure like the one of a startup. However, there are some shortcuts where entrepreneurs and investors might find an agreement which would benefit both parties. The entrepreneur has a wide range of instruments which will facilitate the attraction of the most demanding investors.
By Gianluca Valentini, Financial Engineer, Owner and Blogger of Equidam.
Liquidation value, DCF and Multiples: Understand them
Throughout the whole website we talk about valuation. But what does that actually mean? How can you value a startup? How can you put a price on a company? This article introduces a framework for the valuation of a company and explains some key concepts that are necessary to understand both real world situations and following up articles.
By Daniel Faloppa, Financial Content Manager, Owner and Blogger of Equidam.
What do we mean by risk?
“Risks have to be compensated”; “There is a difference between idiosyncratic and systematic risk”; “This return does not cover the huge risk I’m taking”. These are just three of the common statements about risk that everyone, sooner or later, encounters. But what is risk? And why is it so important? Understanding the concept and the importance of risk is pivotal for a startup approaching VCs. With this article, we try to answer the two questions above and to give a broad understating of financial risk.
By Daniel Faloppa, Financial Content Manager, Owner and Blogger of Equidam.
PICNIC 2012: what does Symbid has to do with “Reinventing Citizenship”?
On Tuesday 18 September, Symbid was given the great opportunity to participate in the PICNIC 2012 Festival. Very exciting! But what exactly does Symbid has to do with Reinventing Citizenship? Let's start with an easier question: what does crowdfunding has to do with Reinventing Citizenship?
By Ludwine Dekker, Campaign & Marketing Manager
Valuation of a Startup and Division of Equity Between Entreprenerus and Investors
Want to know more about how to value your startup? We have for you a great paper that highlights, explains and counters the most important problems for startup valuation: complete free to download!
By Ludwine Dekker, Marketing and Campaign Manager
Equity or Debt? The Startup Case
It is finally time to get out of the office and find out someone willing to put some money in your startup! You have been told that there are several sources available but first you have to figure if you would rather attract funds in the form of debt or in the form of equity? Depending on the countries, one source is preferred over another. The implications of the choice of funding govern startup management, flexibility, risk management and commitment.
By Gianluca Valentini, Financial Engineer, Owner and Blogger of Equidam.
great read Ginaluca, thank you.
Korstiaan
Crowdfunding is growing and so is Symbid: we've expanded our team with seven new talents!
That's right. We have great news: no less then seven new members have joined our team. During the period between March and October, Symbid has been looking far and wide to add qualities to the team varying from marketing to legal to financial expertise. We're happy that we've been able to find the right people at the right time. And we're sure you are too because now, Symbid can expanding its services to investors and entrepreneurs while offering a more holistic take on crowdfunding.
So give them a warm welcome and let them introduce themselves:
Welcome to the team!
Finding The Greater Fool – Getting Investors to Like You!
Great news! E-Factor, our partner that also hosts Efunding.com, has been generous enough to let us publish their blog on our website. So sit back, relax and enjoy their first contribution!
Investment paid in services. What's the value?
Investors often own different complementary businesses. Some of these businesses may be focused on services that can actually be useful to your firm when you are approaching an investment. A fairly common example is marketing. If the investor owns a marketing company and you are selling part of your company to pay for the new advertising campaign, a payment in marketing services is exactly what you need, right? It depends.
By Daniel Faloppa, Financial Engineer, blogger and co-founder of Equidam.
With and without VCs: differences in valuation
I want to present my approach on how to deal with difficulty of contracting the value of the company with VCs. They know what they are talking about and if you don’t know much about finance, your counter arguments are going be weak. And, as a result, you are going to undersell your company. I will analyse a common statement used by VCs that they can use to increase his slice of the cake: “The value of the company without me is nothing! My €200.000 are half of the value of the company so the company is only worth half without me: I want half of the shares.” Entrepreneurs often have difficulty correctly appreciating this statement, which on a financial basis is wrong.
By Daniel Faloppa, Financial Engineer, Owner and Blogger of Equidam.
The Symbid Crowdfunding Campus is up and running
Great news: the Symbid Crowdfunding Campus is up and running! What does that mean? Higher quality ideas for investors, hands-on tools and coaching for entrepeneurs and lots of fabulous screenshots!
The Startup Financing Cycle
This article is an introduction to the startup financing problem. It originated from a question we received from an entrepreneur asking what financial steps a startup faces. We aim to address this question from several perspectives but the basics remain very important and it’s those we will explore in the very first article of FinancialKickOff.
Symbid has enrolled in the Accenture Innovation Awards 2012, and we need your social media vote!
We’re in for yet another prestigious award and we need you to make it happen!
JOBS Act Countdown! With 180 days left, industry leaders discuss the evolution of crowdfunding in the U.S.
On Wednesday, July 18, Crowdsourcing.org hosted a webinar with leaders of the emerging crowdfunding industry on how the new framework and regulations are taking shape under the JOBS Act. Crowdsourcing.org also presented our latest industry research. You can watch video of the webinar in its entirety below and find a full list of the participants and topics covered in this earlier post.
How to crowdfund your company on Symbid
With the recent remarkable successes at Kickstarter,(read more about some stories here) it has become clear that crowdfunding (raising money from a large crowd of people, often through the Internet) can be used for significant investments. Kickstarter however is best known for funding artistic projects and new products/gadgets and does not give a share of profits to participants. Can you also crowdfund a business plan and share your profit with your investors?
Some entrepreneurs from The Netherlands think so and they started Symbid), a platform for crowdfunding businesses. To find out whether this really works, I interviewed Aernoud Dekker, CEO of SellAnApp, one of the first companies funded via Symbid.
The Role of Crowdfunding in Early Stage Investing: a Symbid Contribution
The main topic of the EBAN Congress was “Access to Finance to Fuel Entrepreneurial Growth.”
Could a Social-Media Tool Increase Kindness?
When I lived in downtown Boston, I was surprised by how standoffish everyone in my apartment building was. We would see each other twice a day in the elevator but we'd rarely exchange a word of greeting or acknowledgment. It was so bad, I remember thinking to myself at one point: Maybe this building is in the witness relocation program, and people are afraid they'll be recognized.
by Grant McCracken | 7:30 AM June 12, 2012
Heylo