At the end of 2020 Chapel ran a successful campaign on Vicinity’s portal to fund a multi-tenant facility in the Poe Mill area. For context, Poe Mill is a historically overlooked neighborhood in downtown Greenville. At face value, it might appear this project didn’t check the box for a “location, location, location” real estate deal; however, a closer look reveals the opposite.
Let’s talk some trash. No, not figuratively. Trash is an everyday part of our lives, but how much do you
Pride of place. It’s one of those phrases that sounds familiar, but you’re not sure why. What place are we talking about? Are there lions involved? While it’s not the catchiest phrase, it captures a concept I believe will define our microinvesting-fueled funding revolution.
At the end of 2020 Chapel ran a successful campaign on Vicinity’s portal to fund a multi-tenant facility in the Poe Mill area. For context, Poe Mill is a historically overlooked neighborhood in downtown Greenville. At face value, it might appear this project didn’t check the box for a “location, location, location” real estate deal; however, a closer look reveals the opposite.
I was about ready to let the whole Robinhood/Gamestop wildness go… and then I saw the commercial. You’ve probably seen
While crowdfunding serves a purpose, there are some glaring differences between it and investment crowdfunding, also known as microinvesting.
There comes a point in nearly every business’s life when getting funding is a necessity. At this fateful moment, there may also be a realization that a certifiably insane number of capital sources are out there. Most of these will not be a good fit, and each will have their set of strings, checklists and “arrangements” attached.
The retail landscape is changing faster than the drive-thru line at Chick-fil-A. And the future for brick-and-mortar, in particular, might seem unclear.
And while most small businesses aren’t trying to break into the space travel market, they’re still shooting for the stars. These businesses need capital to chase their dreams and that usually means finding someone (with money) who’s excited to back that dream. Microinvesting provides businesses with a broader pool of both accredited and unaccredited investors.
