600 People In Your Crowdfunding Network?

Six degrees of Kevin Bacon? According to The Huffington Post, it’s actually 600 degrees, or supposedly there are 600 people in your network that you can tap for crowdfunding.

(However, the New York Times article this article is based on says people only know 10-25 people they trust).

Anyway, the HuffPost assets that in order to get your network to donate, you need to start calling your closest relations and asking for 2-3 names of folks who might be interested in your project,then do concentric circle calling. Not E-mail!

Stay confident (and polite).
http://www.huffingtonpost.com/jennifer-love/top-600-people-who-want-t_b_11656134.html

http://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html?_r=1

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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, Crowd Fund Act of 2012, Crowd Funding At the Margins, Funding Portals, Jobs, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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