Sign up FAST! Login

Rally raises $8mm: Largest online raise ever?

Rally raises 8mm Largest online raise ever

Source: PandoDaily

Stashed in: @reidhoffman, @bhorowitz, @sarahcuda, Crowdfunding, startups

To save this post, select a stash from drop-down menu or type in a new one:

Rally affirms the belief that for the right startup AngelList can help raise a lot of money. $4.4mm of their raise came from AngelList, perhaps the largest online raise ever.

Ironically, Rally is itself a crowdfunding platform. So they used a crowdfunding platform to crowdfund a crowdfunding platform.

Still, this won't work for most companies. You need traction AND name brand investors to attract that kind of money.

You May Also Like: