In recent years, crowdfunding has gained popularity and, following the JOBS Act, has become a practical investment option for a growing number of people around the world. As my company, Durise, continues to establish our global presence, we value the other platforms in this space that have skillfully opened the path for us.
Let’s examine what crowdfunding experts, tech insiders and other founders have had to say on the explosive growth of the crowdfunding phenomenon.
“Right now entrepreneurs are already using crowdfunding to raise hundreds of thousands of dollars in pure donations …. Imagine the possibilities if these small-dollar donors become investors with a stake in the venture” President Barack Obama
“The unique value of crowdfunding is not money, its community.” – Ethan Mollick, Professor at Wharton Business School.
“Crowdfunding is building a new public market that links everyday people with investment chances that were once only available to the very rich.” – Rodrigo Nino, Prodigy Network. We manage investment opportunities in this area, and there has been a growing demand for housing projects that have been stalled for a long time.
“Crowdfunding isn’t about collecting money. It’s about making something happen with a crowd of people who believe in something. Normal people, not rich people with a lot of power, just people like you and me.” – Jozefien Daelemans
“My guiding principle is that prosperity can be shared. We can create wealth together. The global economy is not a zero-sum game.” – Julia Gillard, Australian Prime Minister
“Crowdfunding will become the future of how most small businesses are going to be financed.” – Duncan Niederauer, Former New York Stock Exchange CEO
“In Crowdfunding, the interest of the individual is aligned with the interests of the crowd.” – Rodrigo Nino, Prodigy Network CEO
“Crowdsourcing is an executive—not marketing—capability. It’s something your CEOs need to engage in.” – Sean Moffitt, Wikibrands
“Crowdsourcing is going to leverage the crowd social media has put in place for us.” – Shelley Kuipers, Chaordix
“Mass collaboration is becoming second nature. We are more connected now than at any other time in human history. Social media is the tip of the iceberg, and where we’re going next is collaboration—in business and organizations.” – Nick Wright, Crowdicity
“These platforms are obviously working, because THOUSANDS of qualified investors are already using them, very successfully.” – Tucker Max
“There is no failure, only learning.” – Jeff Hays, film producer and crowdfund expert extraordinaire.
“From the beginning, I have maintained that crowdfunding will become an investment standard, the go-to system to raise funds and one of the best methods for sound return of investments.” ~ David Drake
“Crowdfunding isn’t about collecting money. It’s about making something happen with a crowd of people who believe in something. Normal people, not rich people with a lot of power, just people like you and me.” — Jozefien Daelemans
“In my opinion, this collective pooling of knowledge must be a better approach than lone business angels making investment decisions in isolation. Time will tell.” — Luke Lang, founder of Crowdcube
Have you heard or read any other great insight into crowdfunding and its ever-growing presence and future in our society? We’d love to add it to our list!
This post was originally published on the Durise blog.