What’s new in crowdfunding for startups

Kendrick Nguyen, Republic, Funding

Joining me is an entrepreneur who says today’s startups have new options for raising money.

He’s helping startups raise money through crowdfunding where anyone can invest. His goal is to get 80% of the population to start investing.

Kendrick Nguyen is cofounder of Republic, an investment crowdfunding platform for startups.

Kendrick Nguyen

Republic

Kendrick Nguyen is cofounder of Republic, an investment crowdfunding platform for startups.

Andrew: Hey there, freedom fighters. My name is Andrew Warner. I’m the founder of Mixergy where I interview entrepreneurs about how they built their businesses, and I do it for an audience of real entrepreneurs. And joining me is an entrepreneur who says that today’s startups have new options for raising money, which actually is obviously he doesn’t say that, that’s part of the premise behind his business. But the thing that he’s doing is he’s helping them raise money through crowdfundings to post online that they have a business, describe what the business is and say to anyone, “Hey, if you want, you could invest.” And within certain criteria, people can invest, and he’s broadening out the investment pool. I think, Kendrick, your goal is to get 80% of the population to invest? Am I right about that percentage?

Kendrick: Hopefully, we’ll get there one day, Andrew. And hi, everyone. Thank you so much for having me...

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