If you need more proof that FundersClub wants to radically change funding by letting non-VCs invest, it just closed a $6 million seed round, the largest ever from a YC company. There are still questions about its legality, but investors include A-listers YC, First Round, and Chris Dixon. Their support shows Silicon Valley is ready to disrupt itself by inviting the crowd to the cap table.
To Turn The Crowd Into Venture Capitalists, FundersClub Raises $6M Seed Round — Biggest In YC History
TechCrunch - 19 Oct 2012 17:58
If you need more proof that FundersClub wants to radically change funding by letting non-VCs invest, it just closed a $6 million seed round, the largest ever from a YC company. There are still questions about its legality, but investors include A-listers YC, First Round, and Chris Dixon. Their support shows Silicon Valley is ready to disrupt itself by inviting the crowd to the cap table.
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