#CROWD­FUND­ING

Finweek English Edition - - FEEDBACK - Brink

Thank you so much for the ex­cel­lent story on Crowd­fund­ing and in­tro­duc­ing me to the StartMe.co.za web­site. The web­site is ex­cel­lent and I have al­ready iden­ti­fied an en­tre­pre­neur or two that I would like to back. While this does in­deed look like a mech­a­nism for fund­ing small busi­nesses I would like to re­fer you to a re­cent ex­tract from the FT.com web­site on the sub­ject of crowd­fund­ing.

“While this new flow of cap­i­tal has helped ful­fil some dreams, it has also been a rude awak­en­ing for cre­ators and new en­trepreneurs un­pre­pared for the sud­den in­ter­est in their ideas. Young crowd­funded com­pa­nies of­ten find them­selves strug­gling with in­ad­e­quate cap­i­tal or in­fra­struc­ture.” I think there is an im­por­tant les­son for en­trepreneurs in there.

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