Social Venture Finance Club and Entrepreneur Club Present: Bootstrapping Your Business- Crowdfunding for Entrepreneurs
Friday, September 21, 2012 from 6:30 PM to 8:00 PM (PDT)
Social Venture Finance and E-Club Present: Bootstrapping Your Business-Crowdfunding for Entrepreneurs
SVFC and E-Club are co-hosting a panel to discuss bootstrapping for start-ups and the various methods of crowdfunding available to entrepreneurs. Our panelists will give a high level overview of what services their organizations provide to help socially minded start-up businesses succeed, in addition to discussing their personal experiences with crowdfunding. Our speakers, Kate Drane from Indiegogo, Ben Lee from Circle Up, and Jonny Price from Kiva Zip, have a wealth of knowledge and experience to share with our community. The event will be held in the upstairs area of The Hub and drinks and snacks will be provided. Please be sure to RSVP as there is limited space.
Kate Drane, Indiegogo Engagement Lead
Kate Drane is Indiegogo's Engagement Lead, working with small businesses and community leaders to help them create successful crowdfunding campaigns. She is also the co-founder of The Can Van, a mobile beer canning company, servicing craft breweries, which was launched into business with the funds and market validation they garnered on the Indiegogo platform. She has consulted with Getaround, Triple Pundit and Sustainable Industries. She received her B.A. in Journalism from Butler University and M.B.A. in Sustainable Management from Presidio Graduate School where she honed her skills and passion for social media, networking, community building and the sharing economy.
Indiegogo is the leading global platform for crowdfunding, empowering anyone, anywhere, to raise money for anything. Millions of dollars each month are raised on Indiegogo and almost every country in the world has been represented.
For more information, visit www.indiegogo.com
Ben Lee, Director of Business Development for Circle Up
Ben is the Director of Business Development at CircleUp, an equity-based crowdfunding platform focused on connecting great consumer brands with accredited individual investores. He joined CircleUp with experience in both startups and consumer products. He previously worked at JH Partners, a consumer-focused private equity firm, where he invested in and supported companies in a variety of industries, including personal care, home goods and direct marketing. He went on to spend time at GoSmile, a developer of innovative teeth whitening products, and TaskRabbit, an online services marketplace. Ben started his career as an investment banker at Thomas Weisel Partners.
Ben received a BS in Physics from Stanford University and an MBA from Harvard Business School. He holds Series 63 and 82 licenses.
CircleUp (www.circleup.com) is an online social marketplace that supports direct equity investments from individual investors into privately held consumer and retail companies. At CircleUp, accredited investors find free access to select private investments, easy tools to identify and diligence companies, and online transaction capability to make investments. In addition, CircleUp provides investor relations tools to help maintain strong engagement between companies and investors beyond the initial financing.
Jonny Price, Kiva Zip Coordinator
Jonny Price came to Kiva to lead the Kiva Zip project, which was set up in August 2011. Kiva Zip is a pilot, launched by Kiva, to test innovations in microfinance. Kiva Zip aims to expand financial access, at 0% interest, for entrepreneurs in the US and Kenya. Loans are disbursed via Paypal and M-PESA mobile payments technologies, and borrowers and lenders can connect with each other on the Kiva Zip website. Jonny is married to Ali, who also works at Kiva. Occasionally they tandem into work together, although he uses the word "they" loosely.
Kiva Zip is a zero interest, peer-to-peer lending platform for entrepreneurs. Through Kiva Zip, entrepreneurs can post their loan capital requests on our website, and crowd-fund these requests from our pool of lenders around the US. Loan sizes are currently small (under $5,000), are all 0% interest, and the website provides borrowers with a chance to market their businesses to Kiva Zip lenders. We launched the Kiva Zip website at the end of 2011, and have funded 10 borrowers in San Francisco (as well as 50 in Kenya) since then.
When & Where
Social Venture Finance Club; Presidio Graduate School
The Presidio Social Venture Finance Club helps build the social capital marketplace that is at the hub of a sustainable economy. The Club is a highly regarded resource for evaluating and conducting diligence on social ventures, as well as mentoring social entrepreneurs. By creating a high‐quality investment standard, the Club makes it easier for high impact social ventures to connect with mission‐aligned funding sources quickly.
The Presidio Social Venture Finance Club helps Presidio MBA students, entrepreneurs, and investors work collectively to finance for‐benefit organizations and support the expansion of the social finance ecosystem.