Funding Your Social Startup: Crowdfunding vs VC?
Monday, March 16
3:30PM - 4:30PM
Hilton Austin Downtown
500 E 4th St
In this session, Alisa Cordesius, Manager of Social Innovation at Indiegogo, and Wes Selke, Managing Director at Better Ventures, will compare two growth capital strategies for social startups -- raising money through crowdfunding versus from venture capitalists. Alisa will present the case of when crowdfunding is most effective and will share the most common mistakes social startups make when launching a crowdfunding campaign. Wes will present the case of when raising venture capital is most effective and will share the most common mistakes social startups make when pitching to impact investors. This panel will also include David Heath, Co-Founder and CEO at Bombas Socks, who will share how his social venture successfully closed a seed round for $1 million with funding from Venture Capital firms and Angel Investors within the company’s first year, and ran the most funded apparel campaign on Indiegogo to date.
Head of Social Innovation
Co-Founder and CEO
Wes is Managing Director and Founder of Better Ventures. He's the resident "numbers guy" and enjoys helping startups figure out how they're going to make and raise money. Wes has 15 years of vent...Show the rest
Wes is Managing Director and Founder of Better Ventures. He's the resident "numbers guy" and enjoys helping startups figure out how they're going to make and raise money. Wes has 15 years of venture capital and financial advisory experience with Good Capital’s Social Enterprise Expansion Fund, William Blair, and Ernst & Young's Mergers & Acquisitions group. He earned an MBA from the Haas School of Business at UC Berkeley and a BBA from the University of Michigan. Wes has volunteered with organizations around the globe, which has fueled his passion for applying his business skills to build a better world. He lives in Oakland, CA with his wife and two young kids and enjoys road cycling in the East Bay hills and Sunday trips to the farmers market.Hide the rest