How CrowdGather Raised Money Via The Public Markets Instead of Venture Capitalists – with Sanjay Sabnani
I’m always on the lookout for entrepreneurs who took uncommon paths to build their businesses. That’s why I invited Sanjay Sabnani to talk about the way he raised money for his company, CrowdGather, from the public markets doing a reverse merger with a shell corporation. Since I always admired how the Wall Street Journal explained even the most basic financial transactions (like short selling), I made sure to ask Sanjay to clear up anything that you might have questions about.
We also spent a lot of time talking about the business opportunities behind online forums and message boards, since CrowdGather’s mission is to bring together and improve those communities.
Sanjay Sabnani is the founder and CEO of CrowdGather, which is bringing together and improving the world of online communities for end-users, forum owners, and marketers.
Andrew: This interview is sponsored by WuFoo, which makes embeddable forms and surveys that you can add to your website right now. Check out WuFoo.com. It’s also sponsored by Shopify.com, where you can create an online store right now, within five minutes. And have all the features that you need to keep selling online. Check out Shopify.com. And it’s sponsored by Grasshopper, the virtual phone system that entrepreneurs love because it has all the features that they need, and can be managed directly online. Here’s the interview.
Hey, everyone. It’s Andrew Warner, founder of Mixergy.com, Home of the Ambitious Upstart. And today I’ve got with me an entrepreneur who raised money for his business in a new way. I invited Sanjay Sabnani, founder and CEO of CrowdGather here to Mixergy, to talk about how he took his company public, and how he raised money for the company with a reverse merger. And this is not something that a lot of people talk about....
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