Investing in Startups is Easy
Investing in startups used to be reserved for the experts on Shark Tank, and big business people who have lots of funds behind them. I don’t know about you, but there are a ton of deals that I see on that show and think, “Hey, I’d like to invest in that company.”
Now you can – meet Newchip.
Newchip‘s Millennial CEO, Ryan Rafols and co-founder and CTO Travis Brodeen wants 2017 to be the year investing is forever changed by helping new investors own a piece of startups they believe in and are passionate about. He created Newchip to as a way to make wealth and investing more accessible to the masses, while also specifically targeting people his own age – millennials.
Newchip is a marketplace that will feature hundreds of private equity investment opportunities from other platforms that only offer a few dozen at most. It will also be open to non-accredited investors and provide “crowdfinancing,” which is a credit system where people can invest $1,000 in a company while only paying around a $100 a month over 12 months.
Millennials are the driving force of change – which is causing shakeups in how many businesses and industries normally “do business”. When it comes to investing, millennials are taking a different path than the generations before them, and it’s anticipated that this cause-centric generation will increase the demand for social responsibility investing – SRI – as they indicate less interest in traditional equity investments.
Check out Newchip for a new way to approach investing. Download the app in the app store and start referring some friends for a referral bonus.
Who knows, you might just stumble across the new Facebook or Snapchat.
Shannah Compton Game is a Money Wellness expert, host of the to-rated Millennial Money podcast, and CERTIFIED FINANCIAL PLANNER with an MBA. Millennial Money has over 15 million downloads in 164 countries. Shannah’s years of experience as a skilled Certified Financial Planner have set her on a mission to revolutionize how people think, act, and feel about their finances…and have some fun doing so.