Crowdfunding in Trinidad - With barrister Brian Mondoh.
In this episode of This Call Is Being Recorded #TCIBR https://lnkd.in/eiMMrnhX we listen to a chat with Crowdfunding Professional Association President, Samson Williams and crowdfunding barrister Brian Sanya Mondoh on the state of investment crowdfunding in the USA and its potential in Trinidad and the Caribbean.
Click here to listen in: https://lnkd.in/eiMMrnhX
In this chat they discuss:
1. Barristers, what does that mean?
2. What happens when you lose $ in a protocol?
3. The state of investment crowdfunding in Trinidad
4. What are DAOs?
Looking forward to learning more about the state of crowdfunding in Trinidad and the Caribbean. In the meantime, don't forget to share and like this recording and join the CfPA.org for more info and insights into crowdfunding, globally.
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Crowdfunding isn't static
The key to understanding, appreciating and then monetizing the art of Regulation Crowdfunding is the realization that it's more art than regulations. What that means is:
- There are no profitable funding portals
- Especially if the funding portals came into existence before 2019
- However, there is a new breed of funding portals that will be profitable by the end of 2021
The art of RegCF is that in order to reach the lofty goal of $5M there isn’t any single route. Yes, there are some guide rails but WHAT you do to raise your goal be it $5M or $50k is the fine art of strategy. HOW you execute that strategy is the dull nature of tactics. Why you care is because if you come from “traditional finance” your disadvantage is the speed at which innovation can occur, does occur and is pursued.
Crowdfunding = Innovation
The sole reason that RegCF exists is because traditional finance and venture capital is broken. If VC funding worked so well, RegCF simply wouldn’t exist. It's not a deba...more
Looking for the "right investors"?
You're looking for "the right investor". Your competition is looking for the right investor. Everyone in your accelerator or incubator is looking for the right investor. Your right investors is also looking for the right investor. Everybody is looking for the right investor! But why? Especially when customers have more money than VCs and Angels...
Oh, the reason that your right investor is looking for the right investor is that:
A. General Partners crowdfunding from a small pool of Limited Partners. Thats how you know crowdfunding works. Sharks do it all the time, with each fund they start they spend years raising money from a small pool of investors. The difference for you is, that you now know better than to pool capital from a pool and know instead to source it from the ocean that is The Crowd.
B. Funds generally want to invest after someone else has. As though due diligence gets solved because someone jumps off the cliff first, which gives them the courage to follow with...more
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