One of the leading equity crowdfunding platforms, RockThePost, announced that Barbara Corcoran, one of the Shark Tank‘s stars, will be joining its Board of Directors. RockthePot is an investment crowdfunding platform that connects high quality entrepreneurs with accredited investors interested in investing in exciting new start-up companies. The site aims to be a resource for both entrepreneurs and investors by streamlining the capital raising lifecycle and providing crowdfunding support during the fundraising process.
Barbara Corcoran, Shark Tank Billionaire Joins RockthePost Crowdfunding Board of Directors
Via its services, RockThePost aims to be a resource for both entrepreneurs and investors by streamlining the capital raising lifecycle and providing the needed support during the fundraising process. The company’s mission is to democratize the fundraising practice.
In this regard, Barbara is one of the “Sharks” starring in the hit ABC TV show Shark Tank, where she has personally invested in over 20 startups. She converted a $1,000 loan into a $5 billion dollar real estate empire. In addition, Corcoran is a contributor to the NBC’s Today Show, and hosted “The Millionaire Broker with Barbara Corcoran ” on CNBC.
“It seemed like a natural fit for me to join RockThePost’s board and help them flourish in the brave new world of online capital raising. Startups are having a lot of difficulty getting their hands on the needed capital to start and grow their business and RockThePost changes all that. With the new Jumpstart Our Business Startups Act (“JOBS Act”) signed and once the SEC finalizes its rules, the days of start-up capital only coming from accredited investors are over. Now Joe and Sue from down the street will soon have the opportunity to also invest in startups and participate in deals previously only offered to accredited investors,” added Barbara.
With this new addition to the Board of Directors, RockThePost is establishing itself as one of the leaders in the equity crowdfunding space. On the platform, startups can raise money in 60-90 days, without having to do the offline roadshow of 8 months. They accommodate raises anywhere between $100K to $5M for early stage companies that have a minimum viable product with some market validation in the hardware, tech, healthcare and consumer product verticals.
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