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UPDATE: Over $1 Million in Equity Pledged on IPO Village for First Ever Equity-Based Crowdfunded IPO

document Crowdfunding
Description
IPO Village, the first of its kind crowdfunding platform to host initial public offerings, announced today that they have received over $1 million in pledges for their first crowdfunded IPO set to go live in the coming weeks.

" We are thrilled with the number of people signing up to lock in a chance to purchase shares at pre-IPO prices," says Howard Orloff, the managing director of IPO Village. "Our first company is set to go public within the coming months and already $1 million in pledges from approximately 500 retail investors have been received through IPOVillage.com."

SOURCE:http://www.marketwire.com/press-release/update-over-1-million-equity-pledged-on-ipo-village-first-ever-equity-based-crowdfunded-1707821.htm

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  • Colin Sprague Colin Sprague Oct 03, 2012 02:49 pm GMT

    Getting to the point where you can raise serious VC money like this takes a lot of exposure. Regardless of how good your product and/or service is, there is no going after the big money without being well known. The catch 22 is how to get that exposure when your emerging company is already cash poor. There is a solution for emerging companies that are willing to give up a small piece of their company's equity. They can use Services4Stock.com and find a multitude of service providers, like international advertising agencies, that will take equity instead of cash for their services. This gives the emerging company plenty of exposure all without having to come up with a large chunk of money to get it.

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