The R.A.B.B.I.T. Race: The Importance of The Crowd, and the R.A.B.B.I.T Report
The tortoise may sometimes beat the rabbit, but in technology, it’s rarely much of a race. CB Insights CEO Anand Sanwal said just this: that rabbits – real actual business building interesting tech – were needed for the 21st century. This means grounding a company’s’ operations. It implies avoiding the high evaluations where there is little substance besides excitement. And it requires overhauling trust and transparency in a way that is mutually beneficial for both shareholders and issuers.
KoreConX has been included in the R.A.B.B.I.T Report by Crowd Capital Ventures and Crowdfund Capital Advisors founded by Jason Best and Sherwood Neiss, two people who helped paved the way for the JOBS Act and equity crowdfunding in the US, as a holistic technological solution that epitomizes user-centered thinking. As leaders in due diligence, the potential in building technology with wide applicability, and an unwavering principle of reciprocity and excellence for all customers and clients, KoreConX magnetizes relationships in equity crowdfunding.
At the core is connection. KoreConX enables shared information, easy access to crowdfunding portals, and a way to streamline all shareholder management and communication and documentation. It’s a pulse to the crowd, to the initiative, and to the pre- and post-raise of equity crowdfunding. It’s also a mechanism to build trust and relations, soon to be the heart.
KoreConX’s inclusion in the R.A.B.B.I.T Report is testament to this ground-breaking work, indicative of both the growth of the equity crowdfunding systems generally around the world and need for customer-centric tools. It offers a solution to both private and public capital markets where there is a problem of accountability and an absence of robust channels of communication.
KoreConX simplifies all necessarily cohesive equity crowdfunding processes while maintaining the integrity of the deal flow and confidentiality of the information provided. Such intensive integration and understanding of the equity crowdfunding process mitigates administrative burdens, frees up time, and settles a company in for the race that requires both parts tortoise tenacity and rabbit rousing.
The R.A.B.B.I.T stresses that it isn’t only the race that matters, though – it’s the audience. KoreConX embodies the power in the crowd, showing that leveraging their excitement, by building their trust, and by consequently enabling them to wish to participate in the process, a business can be, and often is, bettered.
Read the full report here.