Etsy, an online marketplace for handmade and vintage goods, announced yesterday a pilot program, called Fund on Etsy, to crowdfund new products. From June 16 to August 16, a select number of sellers can use the site to raise capital for the manufacture of their new products.
This new crowdfunding program comes at a time when the site is in dire need of a new revenue stream. Despite a strong IPO debut in April, shares have dropped almost every day from $35.74 on the first day of trading to $16.08 today. Etsy announced they will take a 3.5 percent of each transaction along with a 20 cent posting fee.
This is the second post in an ongoing series we’re calling “Entrepreneur Spotlight” where we get the chance to speak with entrepreneurs and listen to their stories. Here we feature Brad Kittel of Tiny Texas Houses. You can check out their EquityNet profile here.
EquityNet founder and CEO Judd Hollas recently spoke at the Second Annual Crowdfund Global Expo in San Diego, California. The Expo provided attendees with an unparalleled, comprehensive overview of the global crowdfunding industry.
We’re proud to announce two new additions to our portfolio of crowdfunding resources; the Profit Margin Calculator and Cash Flow Calculator. These calculators are designed to help entrepreneurs improve their business planning and fundraising efforts, and like our other crowdfunding tools and resources, they are free to use.
EquityNet is proud to announce its participation at the National Business Incubation Association’s (NBIA) 29th annual International Conference on Business Incubation from April 26-29 in Denver, Colorado. The event brought together over 600 incubation and entrepreneurial support professionals from all over the world to connect with others in their fields, learn new techniques, and explore new trends.
You can double your chances of securing capital if you have a complete business plan, but you can sink your business with a flawed one. That’s from Judd Hollas, CEO of EquityNet, an online platform that has raised $270 million in capital for small businesses.
EquityNet has partnered with SXSW in the third annual SXSW V2Venture in-person pitch competition. It takes place on Wednesday, July 22 at Bellagio Las Vegas in Las Vegas, Nevada. A live audience, as well as a panel of expert judges will discover advancements in various sectors of emerging technology. Catch a glimpse of the industry’s future with a guided tour by SXSW emcees and judges.
Over two years have passed since President Obama signed the Jumpstart Our Business Startups (JOBS) Act; however, the Securities and Exchange Commission (SEC) is still working to finalize the rules that would allow average Americans to use it to its full capacity. The JOBS Act was designed to encourage funding for small businesses in the United States by easing several securities regulations, and while portions of it have aided entrepreneurs, its potential has yet to be fully realized.
Since 2006, inbound marketing has been the most effective marketing method for acquiring customers online. Inbound marketing is promoting a company through blogs, podcasts, video, eBooks, newsletters, whitepapers, SEO, social media marketing, and other forms of content marketing which serve to attract customers. However, winning customers through the Internet can be a daunting task. There are many details to consider, and each marketing channel’s strategy can get complicated in a hurry. The purpose of this article is to introduce top-level ideas on how to think about your inbound marketing strategy. Let’s dive in.
We’re in the midst of upheaval. For small business owners, the digital revolution has been an incredibly complicated and difficult time to run a business. Also in B2B, the landscape has changed so much as to be wholly unrecognizable from just a few years ago.