Crowd Control: How Kickstarter’s Loss Became Sweden’s Gain

Read a great story on Forbes written by Alison Coleman:

Entrepreneurs are starved of investment alternatives. Investors are starved of investment alternatives.

Crowd investing offers a solution for both, but even the most successful crowd platforms have funding issues of their own, and nowhere more so than in Europe.

Sweden, like other Scandinavian countries, survived the global financial crisis and was attracting investors while the Eurozone teetered on the brink of collapse, yet the funding climate for start ups is as bracing as its winter weather.

Back in 2010 Romanian art curator Daniel Daboczy and Namibian coder Arno Smit, who had both moved to Sweden and had met up when they collaborated on a web project, had a business idea that needed funding.

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Read the rest of the story here: http://www.forbes.com/sites/alisoncoleman/2014/03/30/crowd-control-how-kickstarters-loss-became-swedens-gain/

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