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Crowdfunding to buy a business

Jun 15, 2016 posted by rex_gatling

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I always hear about successful start ups who have used crowdfunding but I have currently started a crowdfund campaign to buy a mobile application myself. I wanted to just get your thoughts on it.

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Reply from Nunzio Presta

Added on Jun 21, 2016 07:54

Hi Rex_gatling, Great question and interesting thought! I am not sure if this financing option would gain any traction - are you thinking of making all the "backers" owners of the newly acquired business?

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Reply from rex_gatling

Added on Jun 17, 2016 14:18

Well I just wanted some information on its validity and what are some strategies you would suggest to make it work. I created a campaign I think will stick but I just wanted some feedback.

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Reply from rex_gatling

Added on Jun 21, 2016 16:06

No I am looking to use the platform similar to how others raise money to help fund the growth of their existing business. By pitching how we will improve the business and how their money will be used. However, my rewards will be geared towards incentives that the app can offer besides giving equity.

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Reply from James C

Added on Jun 16, 2016 18:59

Nice topic! Can you specify what kind of information you are looking for?

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Reply from Nick L

Added on Jun 19, 2016 14:06

Interesting...

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Reply from candobiz

Added on Jul 06, 2017 12:12

I am working on a venture with my client to do crowdfunding for his business but instead of money, we are asking people to buy one of his products.