This new way of raising finance is now attracting some of the big boys.
It is reported that Bloomberg (the financial news company) may be backing a company that wishes to raise finance this way to produce cheaper mobile phones for sale.
The reported figure being raised is near to $35 million.
This is a game changer as it is now gaining momentum and credibility to raise finance in this modern way.
Who knows how big this finance raising way will be in 10 years time as it is now beginning to become mainstream.
As I have already said in April 2014 this type of finance in the U.K. comes under the Financial Conduct Authority.This will only improve its stature.
Happy and successful investing to you all.
No comments:
Post a Comment