Below is an article by Crowdfund Insider entitled “EquityNet Extends Reach with CrunchBase Partnership”
EquityNet Extends Reach with CrunchBase Partnership
By: JD Alois, Crowdfund Insider
Jul 9, 2014
EquityNet, an equity crowdfunding platform, is now partnering with CrunchBase to expand its deal distribution network to allow entrepreneurs to showcase their businesses to more investors. The CrunchBase agreement joins MarketWatch and CrowdneticWire to generate greater exposure to their funding needs.
“I am highly enthusiastic about our new partnership with CrunchBase. We are pleased to offer our entrepreneurs yet another avenue to communicate their fundraising efforts to the tens of thousands of visitors and potential investors that visit CrunchBase and our other network partners.” stated EquityNet founder and CEO, Judd Hollas.
“We at CrunchBase are pleased to add EquityNet’s private offerings and quality businesses to our site. As the world’s most comprehensive dataset of startup activity, EquityNet’s partnership with CrunchBase will provide our visitors data on thousands of startups and other privately-held businesses and will enable EquityNet entrepreneurs to become exposed to thousands of potential investors,” says Matt Kaufman, President of CrunchBase.
According to industry research, crowdfunding generated $5.1 billion in funding transactions in 2013 and will surpass $300 billion in funding transactions by 2025. Within the next year, Title III of the US JOBS Act is expected to go into effect, allowing non-accredited investors to invest in startups in exchange for equity. Experts have estimated that crowdfunding could expand the population of potential investors from 2 million to over 50 million investors.