A new investment crowdfunding platform joined the fray over the summer. Founded by AngelList alumni, Republic.co brings with it a high level of street cred—and ambitions to match. It focus: everyday investors and companies that are innovative, diverse and mission-driven.
Since it was launched six years ago, AngelList has become the gathering place for early stage investors and startups looking for funding (as well as jobs), facilitating more than $250 million in deals to date. On the site, wealthy investors can invest alongside well known professional angel and venture capital investors. When Regulation Crowdfunding (also known as Title III of the JOBS Act) finally went live last year, Kendrick Nguyen, then general counsel at AngelList, saw an opportunity.
“AngelList democratized venture capital,” says Nguyen, pictured above. “But it’s still an insider’s game. With Title III, we have an opportunity to truly democratize investing.” […]
The full and original article can be viewed on Locavesting.com
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