Equity Crowdfunding Quotes

“The platforms screen out a lot of companies and only list the best ones because they want to gain a reputation for being the platform with the highest-quality deals. If they can gain this preeminent reputational position, they will stand a better chance of attracting and retaining a large investor audience, and with that, more high-quality companies will choose to list on their platform. But wait a minute. Isn’t equity crowdfunding meant to be all about improving access to capital, not restricting it? Understanding this issue will be useful for forming your pitch. One of the oft-repeated benefits of equity crowdfunding is meant to be the so-called ‘democratization of finance’ – smashing down the barriers, giving investors and companies unrestricted access to each other. But if we have got the platforms curating the deals that are shown to the public, then aren’t we right back where we started – with gatekeepers restricting access? The platforms may have ditched the suits, blue shirts, and dark ties for jeans, T-shirts, and stylish blazers… but there is no doubt that some of the old barriers are reappearing.”
― Nathan Rose, Equity Crowdfunding: The Complete Guide For Startups And Growing Companies