The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Startups & Tech

SUBSCRIBERS

Big bang for startup crowdfunding opens with a fizzle

Only around 35 startups selling stakes to the public on nine funding websites

Published Thu, May 19, 2016 · 09:50 PM
Share this article.

San Francisco

EVERYDAY investors can finally buy shares in private startups, but so far "crowdfunding" is off to a slow start.

After new investment rules came into effect this week that allow anyone to invest in private US companies, only around three dozen startups - including a distillery and a donut store - were peddling stakes to the public on nine funding websites by Wednesday morning, according to news site Crowdfund Insider.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here