AgFunder

“We've basically built a massive community, a larger community, about 20,000 members and subscribers that are in the food and agriculture industry.”

“For instance, in the first quarter of this year, We had revenues of about a 150,000 here in 2016.”

“So we're basically raising a capital fund twenty million dollar capital fund. We will be then investing in all of the companies on the platform. And then effectively we invite now investors to co-invest alongside of us.”

“I guess about 250,000 dollars.”

“Eventually we will be offering farmland. Eventually we'll be offering sort of more traditional agribusiness opportunities, emerging markets.”

“We have venture funding. We were backed by 500 startups went through their accelerator. So we have about 1.8 million in in funding.”

“We've got about 3200 accredited investors on the platform, and I can't say that there is a particular profile for those investors.”

“When we move over to an asset management model, which is basically what lending club does we will take a management fee on capital raised to the platform. Then we also basically take what's called a carried interest, which is basically a portion of the profits…”

“So we've listed about 21 companies on the platform. The listed companies have raised, I guess, about thirty-five million dollars over the last two years.”

“When we started AgFunder, I mean, this was like the dark ages of food tech and ag tech. There was there was one conference globally. There was zero accelerators. There was no data.”