Venture capital through crowdfunding is a new way investing for retailers, and contrary to traditional venture capital, this asset class has seen increased activity during the pandemic, said Howard Marks, CEO of StartEngine.
“StartEngine is a crowdfunding equity platform. Our mission is to help entrepreneurs achieve their dreams and we raise capital for equities directly from the general public online. Since the crisis has started, our number of investors has gone up on our platform,” Marks told
News.
The outbreak of the coronavirus has essentially shut down mainstream venture capital, Marks said.