Sharetribe, the Finnish software provider, just launched an unusual equity crowdfunding campaign and smashed their minimum target of €500k within the first 48 hours. Although the firm positions itself for the long haul, “Investors will still get their exit, though: we commit to buying back their shares for a price five times greater than the purchase price.”
Sourced through Scoop.it from: www.globalbankingandfinance.com
New business models pop up all the time time, then disappear without a wimper. Here’s one that has staying power, EGS thinks. Exits as a tactic? Yep.