PETERBOROUGH, N.H. May 21, 2012 stock crowdfunding
$1,000,000 April 5 th
Companies that move quickly to get themselves listed will have a competitive market advantage, and starting right away is important as the underwriting process takes time. Like any initial offering of stock, there are required steps for preparation, and PeoplesVC.com has automated the process to make it easy for startups and existing businesses.
"Many small businesses are hurting for expansion capital right now, as banks have not been lending much to small businesses since 2008, so we are excited to offer a new opportunity for entrepreneurs and small businesses to receive capital and also be able to set their own terms and stock price," said Mr. Tier.
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.