Over the past handful of years, crowdfunding has grown in popularity and, since the passage of the JOBS Act, has become a viable investment strategy for an ever increasing portion of the global population. While my company, Durise, steadily works to solidify our global presence, we appreciate the other platforms in the space that have expertly paved the way 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 creating a new public market which connects common people with investment opportunities that used to be accessible only by the very wealthy.” – Rodrigo Nino, Prodigy network. We oversee investment opportunities in the sector and the industry has experienced demand for housing projects which have been in the loophole for a very 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.