In a world where everyone has access to a smartphone and every company is trying to get into the global financial services business, many are using social media to reach their investors and share their ideas.
For a start, many startups are looking to use the power of the internet to reach people they consider friends, family and colleagues.
But what about those people who might not be as open-minded?
It’s the idea of crowd sourcing, or crowd-sourcing, that some are looking at for ways to connect with investors.
What’s the deal with crowd sourcing?
How does it work?
And why should you care?
In the US, crowdfunding is a new industry, and many startups have started out with very limited resources.
Some are looking for a way to reach out to existing investors.
But as the US economy continues to grow, so does the demand for venture capital, and a new generation of investors is eager to take advantage of a growing market.
For the most part, crowdfunding can be described as a method of attracting new investors through social media, in the hopes that people will invest in a startup.
But many entrepreneurs are looking more into crowdsourcing through direct marketing, where companies are able to directly communicate with potential investors, with a clear message about the startup and its potential.
“I’m a social entrepreneur, I’m an entrepreneur and I’m also a VC, so I think I’m pretty passionate about social media,” said Matthew R. Wojtaszek, founder of New York City-based CrowdFund, who founded the platform in 2015.
“I see a lot of startups trying to find investors that have a different approach.
They want to engage with the people that are already in the community and the investors that are currently invested in them.
So I think there is a lot to be said for the crowd-source approach, and it’s certainly something I think we could all be a part of.”
As an entrepreneur, Wojtaaszek said he is not necessarily interested in investing in startups that are looking like the typical startup that has a lot going on in the background.
“We’re not looking for the typical company that’s trying to do a social media marketing campaign,” he said.
“There are a lot more startup-type startups that just want to make a living and are not trying to have a social-media marketing campaign.”
The social-network-driven strategy can be risky, though.
When you start a company, it’s easy to get your foot in the door, but it’s hard to make money, or even be able to grow.
Crowdsourcing allows you to reach more potential investors without having to rely on advertising, according to Ben Biederman, co-founder of Biederm, a crowd-funding platform for tech startups.
“You can have more exposure,” he explained.
“You don’t have to go through a company like Twitter to get exposure.
If you’re a startup, you can have as much exposure as you need.”
For the companies that do rely on traditional advertising, like startups, the social-networking approach can be tricky, especially if the companies don’t already have a well-established product or service.
“People are starting to think, ‘Oh my gosh, there are so many startups that have these services, why am I not getting access to them?’
For example, many social-based startups focus on recruiting people that already have connections to the community, which can lead to some awkwardness.
For example, some companies use a social app to help them recruit employees, which could potentially be seen as a violation of their social-community policies.”
If the company has a product that’s a really great idea, you’re not going to want to get too involved in that,” Biedeman said.
Some startups have begun to go beyond the traditional recruiting model.
Other companies use crowdsourcing to target their potential investors through surveys. “
When you ask for advice or support from other people, you get more people to help you,” Biesman said, “and that’s great.”
Other companies use crowdsourcing to target their potential investors through surveys.
Some ask for their friends to complete an online survey to determine how likely they are to invest in the company, while others use social-marketing sites like Crowdrise, where investors can connect with the potential investors.
Wojtaeszek said that for many investors, social media offers the best opportunity to connect.
“It’s kind of the same way we used to talk to our moms and dads, when we were younger, when they were in the workforce,” he recalled.
“They’re asking you about the job you’re applying for, and you’re trying to connect to them to hear