"We were building soffer for other systems, like i mentioned, apple, commodore, oldy's personal compears. We felt the markes going to change again, and compears come in and standardize themselves,. And we didn't feel that we were at the place where we could make a big difference," he says. "So we found the largest investor in the company, who was a vis firm out of canada, and went in and paid, i think we offered him 400 thousands or 300 thousand."
IN THIS EPISODE, YOU’LL LEARN:
03:58 - Business challenges and lessons from Activision, Acclaim Games, and StartEngine.
22:37 - What crowdfunding is and why businesses need it.
22:37 - What are the different types of crowdfunding?
39:20 - What investors should do before diving into crowdfunding.
49:45 - How to raise capital through a platform like StartEngine.
53:24 - How investors in private companies can get their capital back through crowdfunding.
57:46 - What is the secondary market of StartEngine?
01:11:35 - Why access to liquidity is important for private equity investors.
01:30:06 - The insights he learned from Kevin O’Leary of Shark Tank.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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Read this episode’s transcript and full show noteson TIP.
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