As the Republic website states, “Talent is evenly distributed, but opportunity is not.” That’s why they are democratizing angel investing by creating a platform where diverse founders and mission-driven start-ups can get the capital they need—and even those of us without millions in the bank can invest in emerging companies we believe in, for as little as $10.
This conversation with Chuck Petid was recorded pre-pandemic (back in 2019), but is relevant more than ever with so many companies looking for assistance during these trying economic times.
📝 Check out full show notes from this episode with links to resources mentioned at http://pivotmethod.com/243
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More About Chuck Pettid
Chuck Pettid is CEO of Republic Funding Portal, a leading equity crowdfunding site, and co-producer of the international television show Meet the Drapers. He is also GP of micro VC fund RainmakeMe and sits on the board of PantyProp and RidersShare. Chuck has an MBA from the Fordham Gabelli School of Business and a BS from the University of Nebraska-Lincoln.
Raise funds: Republic gives you access to a new and vast pool of capital. Raise funds from anyone: your community, customers, partners and millions of retail investors around the world.
Head of CF Portal. GP at RainmakeMe. Worked at Merrill, Pinnacle. Repeat founder. Active investor. Studied business at Nebraska and Fordham.
Topics We Cover
Anyone can be an angel investor regardless of their wealth
The difference between equity crowdfunding rather than general crowdfunding
Creating access and inclusion for women and minority founders
When to stay lean and keep full ownership of a company versus when to look into equity crowdfunding
The crowd is intelligent; come to the table with something valuable and creative
Breakdown of ownership and responsibilities for companies involved in equity crowdfunding
Companies that are not transferrable
How to build to sell when the business is a hybrid type
Meet the Drapers to get involved with Republic
Advice for companies who are preparing for a round on Republic
Resources Mentioned
Chuck Pettid on the web: Republic
Jessi Draper Podcast: Lady Bosses (And Ben)
Related Pivot Podcast: 114: Illuminating Invisible Privilege with Karen Pittelman (and Why She Gave Away Her $3 Million Trust At 24)
Seth Godin Podcasts: Startup School, Akimbo
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