Did You Hear about The Startup Stock Exchange?

| 350 days ago

CoFounded by Ian Haet and Brian Niessen, the mission of the Startup Stock Exchange is simple: Make it possible for Indian startups, technologies and small business to flourish without drowning the entrepreneurs in the process of raising money.

Both of the founders are serial entrepreneurs, who after starting a company together last year in Latin America, came to realize they have had the same experiences as most other startups – they spent most of the time looking for money, and usually at the most inopportune times.

“For an entrepreneur outside of the Angel and Venture Capital centers of the world, the hunt for company funding is a difficult and time consuming process.   The Angels and VC´s hold all the cards and thus the entrepreneur is beholden to them.” believe the founders and that is how the Startup Stock Exchange was born.

The Startup Stock Exchange will aim to be a market with rules and regulations designed specifically for emerging and small businesses.  The publically traded stock of each company can be bought or sold at any time. It will allow the Indian startups and small businesses to raise funding at any level, whether it is from napkin to prototype, or from prototype to global distribution.  It allows the entrepreneurs to focus on building their business rather than chasing money.

The Startup Stock Exchange will try to solve a number of issues that entrepreneurs face each day:

  • A Single Investor Package: A standard funding application is used for all investors
  • Private Application Process: Business information remains private and protected until a company is approved for trading.  This is contrary to the current process of Disrupt competitions, Angel List postings and Mashups.
  • Global Investors: Thousands of investors worldwide are available to fund the company.  A single investor no longer dictates the terms.
  • Low Fee Structure: Minimal fees for the application process and listing are less expensive than the equity or commission paid currently to “capital raisers”
  • Multiple Offerings: The entrepreneur controls how many shares to sell and when. They may raise money in stages at the best valuation possible.
  • Ownership Control: The entrepreneur retains control of their company, instead of being controlled by the Angel or Venture Capital firm

If you are a startup and looking to raise funds, then please visit the www.StartupStockExchange.net  Here is an exclusive for YourStory readers – Use Coupon Code “YOURSTORY1” and you will be able to upload Executive Summary of your startup free of cost (value USD $25).

What are your views on this?



Author
Jubin Mehta

About Jubin Mehta

An NIT Surat alumnus, Jubin is an integral part of the core team and looks after Content and Strategy. With an engineering background and a keen interest in data analysis, his passion for writing and entrepreneurship makes him a perfect match for Yourstory. Follow him on Twitter @jub_in and he can be reached at jubin@yourstory.in

Comments

  1. Raj says:

    They don’t even respond! How can a start up like this survive? I sent 3 emails.

    1. Ian Haet says:

      Raj. I am sorry that you have not been able to reach us. What email address did you send a message to so I can fix the problem? We monitor everything at @startupstockexchange.net To send us a message please visit startupstockexchange.desk.com and click “Email Us” Thank you.