2min chapter

This Week in Startups cover image

Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708

This Week in Startups

CHAPTER

The Importance of Equity Crowdfunding

Substack is raising $2 million of equity crowdfunding with a minimum investment of $100. They're using WeFunder to raise the money and are calling this an extension to its 2021 Series B. The big criticism of Substack is, hey, if you make a million dollars on Substack, why would you give them a hundred thousand?

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