Funding Your Social Startup: Crowdfunding vs VC?
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.
Presenters
Alisa Cordesius
Head of Social Innovation
Indiegogo
David Heath
Co-Founder
Bombas Socks
Suzi Sosa
Co-Founder and CEO
Verb Inc.
Wes Selke
Managing Dir
Better Ventures
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...
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