Reimagining Fundraising with innovation
One of the best things about GoFundMe is that it has a high success rate with donors. You might have to send a message to your donors explaining that your campaign is currently being reviewed and asking them for additional contributions. The fund will invest in about 25 startups at $100,000 in the form of a convertible note. COVID forced the project to skip a year in 2021, but submissions are now being accepted for 2022 until August 8. They have a network of over 10,000 institutional and individual accredited investors who are averaging $15,000 investments. Consider doing the same…rewards-based crowdfunding, followed by an equity-based campaign that leverages the first campaign’s gogetfunding momentum. In my newest book BOLD, I have a whole chapter that teaches you how to run a “reward-based” crowdfunding campaign. It’s a mechanism I’ve personally used to raise $1.5M for Planetary Resources and $950,000 for the Global Learning XPRIZE. Simple to use platform. For successful innov