FundersClub Wants To Bypass VC And Let YOU Invest In Startups

FundersClub is going to change how companies get funded. Today it launches a website designed to let anyone with as little as $1000 make equity investments in startups and earn money if they succeed. For now you have to be an accredited investor with a net worth over $1 million or yearly earnings over $200,000 to use FundersClub. But an industry source familiar with the Y Combinator startup gave me an exclusive rundown of its whole roadmap, including that if the JOBS Act goes into effect or FundersClub pays to set up a mutual fund, literally anyone will be allowed to use it to invest and profit if a startup?successfully?exits. Put simply, FundersClub could utterly disrupt venture capital, democratize investment in private companies, and ensure any founder has easy access to enough funding to pursue a great idea.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/x4pr2ehjCq4/

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