In the same way that Indiegogo appeared as an answer to a lack of funding vehicles in the arts arena something needs to appear in the legal space.
There are good investment opportunities and good firms which need funding. The Banks are not the answer and for many businesses private equity will not work.
Some sort of crowd funding approach is bound to happen. It is just a matter of who and when.
“Finance was broken,” she remembered, “and needed to be put back in the hands of others.” Starting as an offline idea, Ringelmann gained financial experience of things like funding vehicles through a bit of time on Wall Street. Her idea was to take that concept and and put a “democratic twist on it” – bringing public interest back into the decision-making process.