Symbid Corp. (OTCBB: SBID) is about investing safely in new, promising, fast-growing businesses. Before a company is traded on the stock market, anyone can acquire an equity interest and profit by having the foresight to anticipate the company’s growth. Symbid is one of the world’s first equity crowdfunding platforms. Founded in 2011 by a team of Dutch entrepreneurs, start-ups, & small businesses find investment from the “crowd." SNNLive spoke with Korstiaan Zandvliet, CEO of Symbid Corp. at The FireRock Conference 2014 in New York City, NY.
Mr. Zandvliet begins with an overview of the company, “Symbid is the first publicly-listed equity-based crowdfunding portal in the world. We build financial technology in order to facilitate a more efficient and effective capital allocation towards small and medium sized entrepreneurs.”
Mr. Zandvliet goes into the reason why they decided to be publicly listed, “At Symbid we believe that our stock should be owned by everybody, just as we are doing that for all of our own clients.”
“We got over 11,000 companies joining the Symbid platform to get funded, however nearly 180 made it to be listed publicly on our platform simply because they were not able to provide the general public with all the information we need – and I’m talking about term sheets, P&Ls, forward looking statements. We want the investors to make a very educated decision and this goes for both retail investors as well as accredited investors.” Being an open platform, to be added a company simply needs to provide the right financial details vetted by an accountant or advisor. For more information, check out their website: www.SymbidCorp.com
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