WhatsWeb

whats known and unknown

Eating Its Own Caviar, UK Equity Crowdfunding Platform Seedrs To Crowd-Raise £500K As It Expands To Europe

on November 25, 2013

TechCrunch

It doesn’t get much more meta than this. Seedrs, the UK equity-based crowdfunding platform, is listing itself on its site in a bid to crowd-raise £500,000 for international expansion.

Armchair investors who put in for a slice of the action will in total get a 8.81 percent stake. This gives the 2009-founded company a pre-money valuation of £5.175 million.

At the same time, Seedrs is announcing that it’s opening up to European investors and startups beyond the UK, giving rise to the claim of being the first “cross-border” equity crowdfunding platform. (Update: A claim that is disputed by FundedByMe.)

“National boundaries become artificial when you move online, and the notion that a Brit should only be able to invest in British startups, a German in German startups and an Estonian in Estonian startups seems silly,” says Seedrs co-founder and CEO Jeff Lynn.

“Our goal is to open startup…

View original post 620 more words

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: