Profunder Com News Today

Most used to, is revenue sharing. you actually get something back if you choose to invests in a company. >> okay. how do you do that? theres a web site? >> its called pro-funder.com. there arent a lot because of regulatory reasons. they only deal with incorporated businesses. second, come up with your idea. i have an ecodry cleaner, i want to go to five locations. you want to write up your fundraising pitch to put on the web site. one of the big things you have to sort out is a term sheet. and b...

The low end, $100, on the site. at the high end, they give guidance on compliance. one of the advantages is theyve got templates for term sheets. entrepreneurs go term sheets, no clue. there are examples that you can use. >> this is such an interesting idea. we talk so much on the show about getting friends and family to invest. but what this does, it creates a way to do it that makes sense. and its -- formal and legal and it does a good job. >> profunder.com. >> thank you very much, bruce, appr...