Mitra: Equity crowdfunding and VCs will collaborate rather than compete
Ayan Mitra · 20 VC FF 022: Crowdfunding Is Here To Stay with Ayan Mitra, Founder & CEO @ Crowdbnk · Nov 20, 2015 · at 11:37
Ayan Mitra, founder and CEO of Crowdbnk, discusses whether equity crowdfunding platforms will eventually replace traditional venture capital firms.
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“I don't think they are. I think look, the ecosystem is evolving, and actually there is room and requirement for both types. VCs have been around for ages, and VCs are sort of classes, you know, a capital pool with discretionary decision-making to invest in companies. I think they have a very, very important role, and they will remain, remain there. I think what I think will happen, and there's early evidence of that, that they will start to work together in collaboration”
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