Jonny leads the fundraising team at Wefunder, a platform that lets startup founders raise capital from their customers and community, as well as rich people. Before joining Wefunder, Jonny founded the U.S. team at the non-profit Kiva.org. He is from the UK where he studied history at the University of Cambridge, and is the proud dad of Felicity, Carlyle and Margot.
I've invested with the Wefunder platform in one of the companies that was raising money, and I'm also an investor and a competitor. So I know a little bit about this space, but I learned more in this episode. We went deep on how crowdfunding Reg CF offerings work. We also learned about the scale that Wefunder has already achieved with 40% market share, over $450 million dollars raised on the platform, 1800+ founders, 26,000+ jobs created and on a mission to democratize investing in startups and small business.
“Wouldn't it be cool if the wealth that's created by the next Uber or the next Airbnb be shared among middle class Americans, as opposed to being concentrated in the hands of the investors?” -Jonny Price
Today on Startups for Good we cover:
- Community Round
- Marketing vs. building customer relationships
- Transparent reporting and auditing
- Regulation A crowdfunding vs. Regulation A offerings
- How to select the right crowdfunding platform
- Industry specialization
- Measuring mission impact
- Partnership with Micro acquire
References from the show:
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