PeoplesVC signs up its first batch of companies to its Crowd Powered Venture Capital Portal
PeoplesVC.com, the first Crowdfunding Equity Portal to Open its Doors to Small Businesses, reports better-than-expected results
PETERBOROUGH, N.H., May 28, 2012 /PRNewswire/ -- PeoplesVC today announced it has entered into listing agreements with its first batch of businesses to join its Crowdfunding platform.
Just 6 days after it announced it was the first equity-based Crowdfunding Portal to open its doors to startups, entrepreneurs, and small businesses, PeoplesVC announced better-than-expected results.
"We were excited to be first in the marketplace to open our doors to small businesses, but we did not expect such strong demand for our Crowdfunding platform right out of the gate," commented Mr. Noah Tier, PeoplesVC.com spokesman. "We expected a small trickle of interest because the concept of equity Crowdfunding is so new, but we experienced a steady stream instead. Our automated systems and servers performed as we had expected and our users were able to proceed taking an important step toward their offerings without issues," added Mr. Tier.
PeoplesVC.com is known as the first equity-based Crowdfunding site to open its doors to entrepreneurs and small businesses that are actively preparing their companies for Crowdfunded stock sales of up to $1 Million. It is servicing a market of small businesses that have been struggling to find growth capital since banks cut back on small business lending in 2008.
The Company recently announced it had created the first on-line calculator tool that calculates how much Investors can invest in Crowdfunded businesses, as this number can be different for each investor because it depends upon personal financial information such as income and net worth.
Recent reports have predicted that the average American will invest 1% of their income in crowdfunded companies, which will create a sizable capital market opportunity for entrepreneurs, startups, and small businesses.
Peoples Venture Capital was founded to enable individual investors to participate in Venture Capital investments and the growth and success of small companies, while helping entrepreneurs succeed through grassroots funding. Harnessing the power of the Internet, Social Networking, and recently passed U.S. laws, PeoplesVC.com is a catalyst for rapid change, jobs growth, and innovation. The company can be found online at http://www.PeoplesVC.com/.
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