Australian social media startup Litt bags $1.5 million in record time
LITT co-founders Brent Thompson and Peter Salom. Source: supplied. Aussie social media startup Litt has raised $1.5 million through an equity crowdfunding campaign, and it’s broken a few records along the way. The Perth-based startup became the fastest business to raise $500,000 through an equity crowdfunding campaign. It reached the milestone — and its minimum target — in just 40 minutes. Within 11 hours, it became the second-fastest business to pass the $1 million mark. This is second only to fintech Thrive, which hit $1 million in less than two-and-a-half hours just weeks ago. Litt i...
Source: smartcompany.com.au