Fayetteville, AR, May 14, 2014 (GLOBE NEWSWIRE) -- EquityNet (www.equitynet.com) is announcing the launch of new capabilities that allow entrepreneurs to generate more exposure for their companies and increase the likelihood of connecting with investors to obtain funding. The new service, called Crowdcast, gives entrepreneurs the ability to leverage their own contacts and social media presence to create a networking effect and generate a substantial amount of interest in their companies.
"I'm very excited to see the opportunities that Crowdcast will provide to EquityNet entrepreneurs. The tool is unique to EquityNet and is a game changer for companies seeking funding in the new era of Title II in which general solicitation is allowed," says Judd Hollas, CEO and founder of EquityNet.
Industry statistics show that over 50 percent of capital raised from crowdfunding campaigns is provided by external references, meaning that entrepreneurs utilize their existing social networks to invite people to join their crowdfunding campaigns. Entrepreneurs who use Crowdcast can send email and social media invitations to their contacts in order to build exposure and grow interest in their companies. Those who share their company profiles with their email contacts and social networks are thus more likely to obtain funding.
Entrepreneurs in EquityNet can now invite contacts to review their company profile and investment opportunity by using Crowdcast to automatically email their personal contacts and post to their LinkedIn, Facebook, Twitter, and Google Plus accounts. With the click of two buttons, EquityNet entrepreneurs can easily send an attractive email invitation to potentially thousands of contacts to rapidly build a broad online audience. Those invited contacts can then easily forward the email invitation to additional contacts, thereby creating a substantial viral effect.
"EquityNet's new Crowdcast feature enables entrepreneurs to build broad exposure for their company and funding need by leveraging their personal networks. When entrepreneurs' personal networks then share with additional networks the exposure gets amplified. EquityNet's entrepreneurs can now go viral with very little effort." says Matt Imhoff, Chief Operating Officer of EquityNet.
EquityNet operates the industry's leading business crowdfunding platform and is designed to make the funding process more efficient for entrepreneurs and the investment decision process more effective for investors. EquityNet combines its patented analytics, proprietary business benchmarking database, and market-leading standardization to achieve a superior experience for investors and a higher funding success rate for entrepreneurs.
To see an example of this new innovation visit EquityNet Crowdcast.
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About EquityNet
EquityNet was launched in 2005 and is the only multi-patented crowdfunding platform in the world. It has been used by nearly 40,000 individual entrepreneurs and investors, angel groups, government entities, business supporters, and other members of the entrepreneurial community to plan, analyze, and capitalize privately-held businesses. EquityNet provides access to thousands of investors and has helped businesses across North America raise over $230 million in equity and debt capital. For more information, visit www.equitynet.com.