The Step by Step Process for Raising Capital
Raising capital is such a confusing (and scary) endeavor. Many entrepreneurs are fearful of the entire process because they don’t have experience in taking their company to the next level and more importantly - just don’t understand the steps that are necessary to be successful with their raise. In this podcast, Guy Nohra – who has successfully funded many companies with a tremendous track record and is currently running as a candidate for Governor of Nevada – provides a step by step detailed roadmap on how to achieve money-raising success for entrepreneurs of all sizes! (and how to avoid the rookie mistakes so many business owners fall prey to as well.)
Born in Lebanon, Guy Nohra has gone from selling medical devices to providing venture capital to mainly the biotechnology industry and as such, has raised billions of dollars through his company, Alta Partners.
The American dream is hustling and working hard to start your own business, employ people, and cre...more
Why I bought Stijn van Schaik’s Soul using an NFT on OpenSea
I’ve never been able to create great Art -- but I can appreciate it when I see it.
And the work of Stijn van Schaik, a 21-year-old Dutch art student, who posted his “Soul” for sale using an #NFT on #OpenSea is pure genius.
It’s a brilliant work of digital art in our digital age and he titled his work the “Soul of Stinus”. It’s the world’s very first human Soul ever sold via NFT -- so I went ahead and paid some ETH for it.
You can read background about his project here:
A Student Is Selling His "Soul" As An NFT
https://www.iflscience.com/technology/a-student-is-selling-his-soul-as-an-nft/
Here’s another reference:
Student Selling His Soul as an NFT
https://www.entrepreneur.com/article/423368
What makes his work particularly unique is not the digital image that he associated with the sale, but the fact that he wrote a detailed and legitimate (/humorous, in my opinion) contract that governs the sale.
Here are the terms of sale for the Soul. &...more
NFTs are not investments!
I forget that we should state the obvious, appreciating that 98% of humans don't read beyond the headline. So to be clear, #NFTs are not investments.
Yes, they're marketed, sold, offered and often exploited as "investments" but they are not. People get confused caught up in HOW nfts are made and WHY they represent proof of purchase but not WHAT they are.
🤔 If you turn down the technical jargon and noise on HOW nfts are made (also we should note that most people confuse minting nfts with crowd sourcing funding💰, via the offering of non-fungible tokens in a crowdfunding campaign. #Crowdfunding existed before and will exist after nfts and crowdfunding (the seeking of capital from strangers online) isn't "nfting" anything.
Where were we....oh yes, if you turn down the techno babble of HOW and WHY and focus on WHAT nfts are....They are not investments. They're digital receipts that some fools buy to prove that fools and their money are so easily separated.
Do receipts have a real world pu...more
Psychedelic Safari Bored Ape NFT for Sale (proceeds to charity)
A little experiment as there are no takers (yet) for my ~$15 million dollar digital NFT titled "A Confession: I Framed Mark Zuckerberg."
Ok, perhaps it was a little rich even for the crypto bubble market. So get out your credit card or crypto wallet as I'm now going to release a psychedelic safari style Bored Ape from my inventory for 34.8ETH (or ~$89k at today's exchange rate) https://opensea.io/assets/matic/0x2953399124f0cbb46d2cbacd8a89cf0599974963/57988337355283582015213661157621299247275946037640060474256656039578913734657 It's not from the same Yacht club but it has a similar appearance to a psychedelic crowned Bored Ape that sold in October for $2.7 Million.
Ripoff or bargain? I think my Bored Ape looks better than the crowned version -- but beauty is in the eye of the beholder. For appraisal value, let's turn to a Google Image search result. According to the authoritative power of Google, a search for my ape results in "bored monkey most expensive nft" so at 3% the cost ...more
The Virtual Impact Crowdfunding Event of the Year September 15-16, 2022
Devin Thorpe
Big Announcement
We're organizing an industry-wide virtual impact crowdfunding conference and you’re invited!
At SuperCrowd22 you will learn, connect and grow with people like you. And all for a song.
Let’s start with the song. If you are a member of CfPA, you can save $124 and register for just $75! Click here to register now.
You can join CfPA for just $10 per month. If you're not a member and don't want to join (are you nuts?) you can register for the conference for $149 ($50 off just for being a friend of CfPA). Click here to register.
What is this conference all about?
SuperCrowd22 is the biggest event of the year at the intersection of investment crowdfunding and impact investing, what I call impact crowdfunding.
Investment crowdfunding is a freshly legal way to invest your money, even if you don’t have a lot. Rich people have always been allowed to put money in startups or to back the local bar or diner with a few other rich friends. Investment crowdfunding created ...more
The Truth About NFTs and DAOs
Non-fungible Tokens (NFTs) are all the rage these days. But what are they exactly? On this podcast, listen to Samson Williams, the President of the Crowdfunding Professional Association, as he explains in simple terms everything you need to know about NFTs and Distributed Autonomous Organization (DAOs). Whatever your background knowledge is of crowdfunding, tokenization, blockchain, or technology, you’ll get all the info you’ll need to understand why there’s so much hype around it all, and learn some pointers on how to protect yourself from possible fraud as well. Be warned: you may be floored by the truth bombs being presented on this podcast!
LISTEN ON SPREAKER HERE >>>
NFT marketplaces such as Open Sea allow you to create and sell non-fungible tokens of just about anything you can imagine. But when you buy an NFT, what are you actually paying for? What do you really own? Where is the value in your “investment”? What does proof of authenticity exactly mean? How is the NFT cre...more
“Web3” -- are we there yet?
Web3 ...
there’s so much hype around a term that has a hazy definition -- it calls to mind the parable of the blind men and the elephant.
Man 1: Web3 is about blockchain and decentralization, you know, a DAO (decentralized autonomous organization).
Man 2: No, it’s DeFI and getting away from BigTech or around regulation by CentralGov.
Man 3: I think it’s all about cryptocurrencies and non-fungible tokens (NFTs).
Man 4: It’s definitely about self-sovereign identities and getting people paid in a creator economy.
Man 5: It’s beyond the creator economy, it’s the new OWNERSHIP economy.
Me: It’s about giving VCs and casino capitalists some new concepts to feed into the hype & hope machine which will allow them to raise ever larger amounts of LP money tied to their age old “2 + 20” business model.
Yes, I’m the cynic among the blind men and sorry, there are no women in the blind men and elephant parable.
The massive amounts of investment flowing into this grand new era...more
Understanding NFTs and Crowdfunding for Booking Agents and Publicist
This is for Natasha Taylor as she, like most professionals, have been inundated with so much misinformation about NFTs that it makes a sane rational person feel crazy. You’re not crazy. Your rational brain is just warning you not to drink the kool aid. Because regardless of the flavor (Non-Fungible Token) the kool aid is still laced with bullshit.
Non-Fungible
The easiest way to understand the term “non-fungible” is to remember that your friends are non-fungible. Meaning, you can’t replace your BFFE with someone else. Why? They’re unique and irreplaceable. Hence why if you treat your “friends” like they’re replaceable (fungible) you’ll find yourself all by yourself. A non-fungible token is like your best friend, you can’t just replace it with something else. Thats it. Got it?
NFTs and Digital Scarcity
Digital scarcity does not exist. There is no such thing as digital scarcity in art. Find any image on the internet, right click on it and save it to your desktop o...more
