Foodies Help Budding Eateries Crowdfund

Restauranteurs are turning to crowdfunding for their startups, driven not only by the cash received but also to build a following prior to their opening.

These cooks float the concept to potential diners and if people plunk down dollars, it’s a sort of proof that they will come to eat there.

Incentives vary and range depending on the donation, with rewards going from cupcakes to spending a day in the kitchen with chef to a private dinner in your home ($2,500).

In DC, some of the highest rated eateries have crowdfunded their way to success, including Rose’s Luxury and Bad Saint (per the WaPo’s food critic).
https://www.washingtonpost.com/news/going-out-guide/wp/2016/02/09/restaurateurs-want-your-crowdfunding-money-but-what-are-they-using-it-for/

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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