GoFundMe VS GoGetFunding: Which is a Better Crowdfunding Platform?
They have a network of over 10,000 institutional and individual accredited investors who are averaging $15,000 investments. Consider doing the same…rewards-based crowdfunding, followed by an equity-based campaign that leverages the first campaign’s momentum. In my newest book BOLD, I have a whole chapter that teaches you how to run a “reward-based” crowdfunding campaign. It’s a mechanism I’ve personally used to raise $1.5M for Planetary Resources and $950,000 for the Global Learning XPRIZE. Get Access to the Complete 2023 Nonprofit Fundraising Trends Guide This system is largely designed to deliver accountability and transparency to the U.S. government, Congress, and the U.S. taxpayer. The other source of official finance—DFIs—should be more willing to take risk but again defaults to seeking safe, higher returns on investment. The risk-return calculus for DFIs is too skewed in seeking private equity-type returns when they could take smarter risks and provide the type of investment