PETERBOROUGH, N.H., June 26, 2012 /PRNewswire/ -- PeoplesVC today announced it has integrated its stock crowdfunding site with LinkedIn®, the nation's largest business networking site, so entrepreneurs, startups, and existing businesses can harness the power of online business networking to raise capital for their company.
PeoplesVC.com has established itself as a leading stock-based Crowdfunding Portal, and is exclusively focusing on Crowdfunding securities rather than 'donation' or 'project-based' crowdfunding in which funders give or donate money for projects. PeoplesVC has responded to recently passed legislation known as the "Crowdfunding Act" which has legalized, for the first time, stock offerings of up to $1 Million from startups and existing businesses directly to the public.
"Most small businesses have never heard of Crowdfunding, but already have a deep on-line business network established," commented PeoplesVC spokesperson Mr. Noah Tier. "The entire fundraising process is more about business relationships than anything else, and considering a user could easily have 130,000 tier I & II business connections, by integrating the PeoplesVC venture capital platform with the LinkedIn® application interface, we have created possibly the most powerful fundraising tool imaginable," added Mr. Tier.
PeoplesVC was the first stock Crowdfunding site to open its doors to entrepreneurs and small businesses.
The Company recently announced it had created the first on-line calculator tool that calculates how much Investors can invest in Crowdfunded businesses, as this number can be different for each investor because it depends upon personal financial information such as income and net worth.
Recent reports have predicted that the average American will invest 1% of their income in crowdfunded companies, which will create a sizable capital market opportunity for entrepreneurs, startups, and small businesses.
LinkedIn® is a Registered Trademark owned by LinkedIn, Inc.
Peoples VC, LLC was founded to enable individual investors to participate in Venture Capital investments and the growth and success of small companies, while helping entrepreneurs succeed through grassroots funding. Harnessing the power of the Internet, Business and Social Networking, and recently passed U.S. laws, PeoplesVC.com's "Crowdfunding Portal" is a catalyst for rapid change, jobs growth, and innovation. The company can be found online at http://www.PeoplesVC.com/