Hi guys! How do you think the Title 3 fundraising platforms will change platforms like Kickstarter that are more focused on giving something tangible instead of equity stake in exchange for investment?
@andrewpflynn Hi Andrew. The market can accommodate both models, but we've already got interest from companies that otherwise would have gone to reward-based platforms like Kickstarter. If customer loyalty is important to a company, and it's willing to deal with regulatory complexity, then Title III is likely the optimal choice.
@andrewpflynn Not sure but I don't think Kickstarter is going to play in Title III. Kickstarter is more about creative projects that have passionate fan bases but aren't necessarily taking huge risks to build winner-take-all businesses. Different creators, different intent, different financing structures, different returns and outcomes.
