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| Darren Westlake, Luke Lang. Founders of Crowdcube.com |
Crowdfunding
platform Crowdcube’s viability was aptly demonstrated in May when the company raised £1.5m
through its own website in
just three days – setting a new world record for the finance method. So far 59
businesses have raised a total of more than £10m through the exchange and the
site continues to grow in popularity – nearly 9,000 people have invested
through Crowdcube since February 2011, many for the first time. Darren Westlake
and Luke Lang say that creating a platform that allows ordinary people to get
involved whilst not alienating seasoned investors has been crucial to the
site’s success so far. The duo expect to use the £1.5m of investment to expand
their marketing campaign, grow the site globally and fund £15m worth of deals
by the end of the year.
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