Kyle
As we get closer and closer to the SEC’s July 4th deadline to come up with rules for crowdfunding startups, we’re likely to see more and more crowdfunding startups emerge. Earlier this month we reported on Ohio crowdfunding startup Fundable who has already opened for business, with a more traditional Kickstarter, Indiegogo model until the crowdfunding rules are announced and brokers are approved.
A New York startup called Return on Change LLC, has also thrown their hit in the crowdfunding arena. They’re now in a private beta and promise to provide a way for investors to connect with game-changing startups.
“The timing could not be better,” said Sang Lee, founder of Return on Change. “We saw the huge potential in crowdfunding, and now, with the signing of the JOBS bill, look forward to connecting investors with ventures that can make a real difference.”
RoC also announced a contest that provides incentives for startups to register. The first 100 startups that meet RoC’s criteria will have the opportunity to win one of three $1,000 funding prizes. The company is seeking startups in the areas of clean energy, biomedical, social ventures and technology.
With all this excitement about crowdfunding we got a chance to speak with Sang Lee, one of the founders of Return On Change. Take a look at the interview below the break.