Entrepreneurs on Fire

How to Raise Capital from the Crowd with Devin Thorpe

9 snips
Apr 10, 2025
In this engaging discussion, Devin Thorpe, a champion of social good, delves into innovative ways to raise capital through crowdfunding. He emphasizes how genuine impact and profitability can coexist harmoniously. Thorpe highlights the pivotal role of AI in simplifying the crowdfunding process and how patient capital investors prioritize social impact over quick returns. Listeners learn about successful crowdfunding campaigns and the significance of building community engagement to attract investment, especially for diverse entrepreneurs.
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INSIGHT

Profit and Social Impact

  • Many believe profit and social impact are mutually exclusive.
  • Devin Thorpe observes that success can be driven by positive impact.
ADVICE

Explore Crowdfunding

  • Explore raising capital from the crowd, even if it might not fully fund your venture.
  • Everyone has a network they can leverage for some funding.
ADVICE

Utilize AI Tools

  • Crowdfunding is challenging; leverage AI tools to simplify the process.
  • AI can assist with due diligence, writing, and completing required forms.
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