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“The site sources interesting new ventures that are then introduced to confirmed and vetted angel investors signed up to the site before being opened up to other investors signed up on the site. “The angel investors go: ‘You want £500,000 and I like your idea but I don’t want to be at risk for more than £200,000,” says Gonçalo de Vasconcelos, co-founder and chief executive officer (CEO) of Syndicate Room. “Chances are they’ll also invite some mates, so say they get £300,000 together. The rest goes to the crowd who get exactly the same terms on the exact same share plan.”

Read more: http://www.forbes.com/sites/freddiedawson/2014/06/27/the-crowd-funding-site-that-lets-you-play-with-sharks-or-dragons/


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