Since leaving his role as the former Vice-Chairman of NASDAQ, David Weild has been busy with a new project. Weild recently started a new venture, IssuWorks, and decided to launch their Series A funding round on the equity crowdfunding platform Crowdfunder over traditional means of funding.
“David and IssuWorks share our values for improving access to capital through JOBS Act related policy, as IssuWorks focuses on public companies and companies tracking to go public and Crowdfunder funds earlier stage private businesses,” says Chance Barnett, CEO of Crowdfunder.
Crowdfunder also recently crossed a major milestone that they're happy to share with IssuWorks: they've seen over 10,000 startups and small businesses join their platform. Their current network consists of over 60,000 investors and entrepreneurs online, and in just over 2 quarters Crowdfunder has helped close 24 Seed and Series A deals with the help of their online accredited investor base.
“We chose Crowdfunder because of Chance’s work to forward the JOBS Act and Crowdfunder’s track record of success and growing base of accredited investors, angels and VCs in the Crowdfunder community investing in startups and small businesses,” says Weild. “As the source of the recommendation that gave birth to this type of Crowdfunding, we wanted to experience it firsthand.”