Do Women Need Their Own Crowdfunding Portal?

Do women need their own crowdfunding site when 41% of the successful campaigns on Kickstarter have been run by females?

iFundWomen seems to think so since venture capital funding is still a white man’s world where women women get only “about 2 to 6 percent of venture dollars.”

This site, says it differs from the Indiegogos of the world by offering: coaching, video services, a “community” and a “pay it forward” model where the site puts in 20% of its fees to successful campaigns.

The firm says it has an algorithm that will determine which campaign will work and then decides where that portion of its 5% portal fee will go.
http://nymag.com/thecut/2016/11/ifundwomen-is-like-a-women-only-kickstarter.html

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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, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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