Crowdfunding

When we’ve got a smartphone in our pocket all the time, we have a way to fund anything at any time via crowdfunding.

Until now, crowdfunding has mostly been an occasional, desktop sort of experience. Sure, we might back a new gadget launch or a charity a few times a year, but it’s not an everyday thing. That’s about to change. With smartphones in our pockets, we not only have access to crowdfunding platforms whenever we want, but to the crowd that comprises the various social circles of our lives — from family to school, work, and the region we live in.

And with the same ease-of-use, immediacy, and frequency of everything else on our phones, crowdfunding will increasingly be the way people turn their ideas — large and small — into reality. It will be how we flex our collective financial muscle.

With a tap on your phone you can help support a political campaign, assemble a school picnic, fund your honeymoon, or help pay for the surgery of a pet. In the last year alone, Snoop Dogg used crowd-funding to raise money to buy helmets and equipment for football-playing kids in Des Moines; Conan O’Brien used it to raise money for the Children’s Defense Fund by selling wooden emojis; neighborhoods rallied behind local retailers hitting hard times. And those are just a few examples.

Crowdfunding is going somewhere it never has — into the mainstream. That, in turn, will change all sorts of other things.

— Jeff Jordan

 

 

 

The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments and certain publicly traded cryptocurrencies/ digital assets for which the issuer has not provided permission for a16z to disclose publicly) is available at https://a16z.com/investments/.

Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information.