Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdampartner
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

How to raise a million in just 96 seconds

Florian Kandler by Florian Kandler
November 2, 2016
in Knowledge & Insights, (Crowd)funding, How-to
0
How to raise a million in just 96 seconds
5
SHARES
LinkedInTwitterWhatsAppFacebook

Mozo Bank used equity crowdfunding to raise 1 million Pounds in 96 seconds in the UK. Platforms like Symbid and Seedrs are also available to startups in the Netherlands. The crowd invests – you give up equity of your startup. Nathan Rose, author of the newly released book “Equity Crowdfunding: The Complete Guide for Startups and Growing Companies”, shared insights he gained from researching 20 startups and their equity crowdfunding campaigns. You can hear the full interview on the podcast – here are some key takeaways.

Plan backwards

As with any fundraising, you should also plan your equity crowdfunding campaign “backward”: when do you need your money to be in your bank? “Plan for two to three months”, says Nathan Rose, who analyzed successful campaigns across Europe and beyond. Depending on the momentum you want to build leading up to the launch of your campaign, you will need to plan for even more time – see next paragraph.

 - Partner content -
Cost of software - The Software house
The cost of building software
Marek Gajda, CTO of The Software House, shares his insights on building high-quality...Show More
Marek Gajda, CTO of The Software House, shares his insights on building high-quality software. Show Less
Read more

Build momentum

GoHenry, another company Nathan knows well, only opened their deal on the platform after they already had half of the investment secured. How did they do it? They offered the deal to their email list, which they built ever since they built their company. They also got a couple of lead investors.

1 million in 96 seconds?

equitySo how was Mozo Bank able to raise 1 million in 96 seconds? “It’s a nice headline – but really, it did not take them 96 seconds to raise 1 million. It took them a year to build an engaged community first”, Nathan highlights an important point. The fundamental way to build momentum is to build a “following”. People, who are engaged and involved in the progress of your startup in some way. People, who can be called to action to invest as soon as your campaign goes live.

Founders who understand that fundraising, and especially fundraising via the crowd, is just another part of active communication with your audience and stakeholders, will have a great chance to succeed. Equity crowdfunding platforms become available across Europe now – time to take a look at this opportunity for your startup?

close

Want to stay on top of the latest rounds, coolest tech and hottest startups?

Subscribe to our free, daily news blast and stay up-to-date!

Check your inbox or spam folder to confirm your subscription.

 - Partner content -
Hiring during COVID Intrinsic Search
Hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives
Check out the do's and don'ts while hiring SaaS sales executives Show Less
Read more
Tags: crowdfundingequityequity crowdfundingseedrsstartup milestonesstartup milestones podcastSymbid
ShareTweet1SendShare2

Partner content | Work with us

Future of coding: CTOs discuss low-code versus custom code software development for their business

Why now is the perfect time to start hiring for 2021

SaaS sales in 2021: 9 predictions from an industry expert

Diversity in hiring for SaaS: the often overlooked topic of ageism

Boost your scale-up’s growth by outsourcing to these top Eastern European software development companies

Subscribe to our daily newsletter

Check your inbox or spam folder to confirm your subscription.

Breaking news from Amsterdam | Partner

Amsterdam-based 3D Hubs acquired by Protolabs for €272.1M; here’s what you need to know

Amsterdam-based INKEF Capital leads €5M Series A funding round of this Dutch startup

4 experts predict what 2021 might hold for the startup ecosystem of Amsterdam

Here’s why Just Eat Takeaway wants to remain listed in Amsterdam

Advertisement

Trending

3D Hubs
Amsterdam

Amsterdam-based 3D Hubs acquired by Protolabs for €272.1M; here’s what you need to know

January 19, 2021
Amsterdam
Amsterdam

9 promising sustainable startups from Amsterdam to watch in 2021

January 20, 2021
London
(Crowd)funding

London tech firms raise €8.6B VC investment in 2020: Report

January 15, 2021
  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy policy
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2020 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • COVID-19
    • Startups
    • Scaleups
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
  • Features
    • Promoted content
    • How-to
    • Knowledge & Insights
    • Guest Contributions
    • Scaling-up in Europe
  • Amsterdam
  • Events
  • Newsletter
  • Jobs
  • About
    • Partner with Silicon Canals
    • Team
    • Contact

Silicon Canals 2014-2020 | Website: Bright Idiots

X

This website uses cookies to ensure the best possible experience. We may share this information with our advertising and analytics partners. By clicking 'Accept', you agree to our use of cookies and similar technologies. More info