What do Google Ventures, Andreessen Horowitz and Union Square Ventures have in common?
All have invested in crowdfunding platforms, otherwise known as “funding portals.”
According to CrowdUnite, about 230 venture capital firms and individual angel investors have invested approximately $855 million into ~45 funding portals.
Of that investment, ~$675 million went to debt/lending portals, $86 million to donation portals, ~$51 million to equity sites and ~$43 million to rewards sites.
Does this “smart money” know something we all should know? Or, is it just a bet to hedge against the possibility that this segment will take off?