E714: SeedInvest co-founder Ryan Feit on the equity crowdfunding revolution, giving new access to startups & non-accredited investors, & opening the door for Wolf3D founder Timmu Tõke to integrate humanity within VR




Share on FacebookTweet about this on TwitterEmail to someone

about this episode

Aside from having an idea and a product, there are two things that every startup needs: money and growth. We are starting to open up the aperture of who can invest in a company. There is a global competition for ideas that requires entrepreneurs, and those entrepreneurs require capital to grow their companies. In today’s episode, Jason talks to SeedInvest CEO and co-founder Ryan Feit about his equity crowdfunding platform and the revolution that’s happening in that landscape. Also joining us today is Wolf3D CEO Timmu Tõke, a 3D scanning startup that launched a business initiative on SeedInvest. Insights are shared from Timmu’s entrepreneurial perspective on why he chose equity crowdfunding for his business, and from Ryan’s investment perspective on the process of accepting a company like Wolf3D. Jason explores questions about accredited vs. non-accredited investors, doubling down on startups, risks and market potential, and much more.

Click to Tweet & thank our partners, Squarespace and Walker Corporate Law (can edit before sending): http://ctt.ec/276gc



3:40: The equity crowdfunding revolution

8:00: Jason introduces SeedInvest CEO and co-founder Ryan Feit

10:32: Difference between accredited vs. non-accredited investors

11:50: Process for a non-accredited investor to invest in a company

18:20: Advice for non-accredited investors

21:08: Importance of making educated decisions, ie: diversify

25:00: Ryan talks about a person’s operational role after they’ve invested in a company

31:49: Jason introduces Wolf3D CEO Timmu Tõke

32:32: Wolf3D creates realistic avatars of people for VR

34:18: Wolf3D works with gaming companies

35:50: Ryan describes the process of accepting company like Wolf3D

38:00: Facebook and social VR

39:13: Timmu describes the process from his founder’s perspective of doing a crowdfunding campaign on SeedInvest

41:56: Average size of investments for Wolf3D

43:12: Why is it best practice keeping investors up-to-date?

48:00: Next milestones for Wolf3D

50:00: Timmu speculates on next steps for Wolf3D if they don’t close a deal by end of year

54:27: Importance of runway

58:25: Startups are an incredible equalizer

01:01: Jason offers investment advice

01:06: Starting slow and diversifying are key

more episodes