Which equity crowdfunding platform might be best for your cash?
Where should you start investing in equity crowdfunding? A brief comparison of StartEngine, Republic, WeFunder, and SeedInvest.
A Brief Summary of Equity Crowdfunding
Equity crowdfunding is kind of like kickstarter, but for companies instead of products.
Instead of spending $100 for a product that might never get produced, you’ll spend $100 investing in a company that might not make it.
Why would anyone want to do this?
Everyone will have their own reasons, but there are two big ones I see.
One, it’s a way to invest in the future that you want to see.
For example, Bloomberg reports that female founders received only 2% of all venture capital investments in 2021. In equity crowdfunding, female founders received 19% of investment dollars. That’s still a large gap, but it’s much closer. Any of the platforms covered below will give you the chance to shrink it even further, if you want.
As another example, there are a ton of renewable energy companies that raise on equity crowdfunding platforms.
