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2 months ago

Best of Persona (NBA) - Chad Wittman

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Could crowdfunding replace venture capitalism?

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I don't know if crowdfunding as it stands today is exactly the right solution. But I think this idea of getting a lot of people to chip in a smaller amount of money is unlocked with the Internet. I think trust will be built up through Blockchain things like Ethereum. And so I think you have this opportunity for Crowdfunding to take a big dent venture capitalism. But I actually think we'll start to see venture capital, you know, similar. What we're seeing with Angel is and what not exist as a crowdfunding platform. So I think these words are relatively, um, meaningless in the big scheme of things. But this idea of mawr people putting in smaller amounts of money for ideas, I think that will not replace venture capitalism will be a significant subcategory of how you get a business funded.

C
2 months ago

Best of Persona (NBA) - Chad Wittman

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