Restaurant crowdfunding platform turns customers into investors
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Once restaurants and bars open it's ultimately down to local customers to determine whether or not they succeed — voting with their patronage. Now a new platform could enable customers to help make that choice before businesses even build their kitchens. Equity Eats is a crowdfunding platform which helps eateries to raise capital via their potential customers, and enables local people to have a say in the development of their area. EquityEats enables entrepreneurs, with viable business plans, to raise funds for their hospitality venture by crowdfunding the start-up capital in exchange for future equity. Investors are primarily local community…
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