New Crowdfunding Site Predicts Future Earnings
A new financing platform lets aspiring 'treps sell equity in themselves.
by Michelle Goodman
Aug 01, 2013
3 minutes
It used to be that entrepreneurs needed a business plan to raise capital. But a handful of new crowdfunding sites let investors back hopeful entrepreneurs who show potential, even if they don't have a business idea yet. Upstart is one of them.
Launched in November by former Google employees Dave Girouard and Anna Mongayt and Thiel Fellow Paul Gu, Upstart utilizes an algorithm that draws on the academic and professional experience
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