Create a prospectus detailing the problem you're trying to solve, your solution, the amount you are raising, risk, etc - details of your startup, essentially.
Investors pledge a minimum of $50 every month. This pledge will be distributed to the matching startups at the end of the iteration period
Every day you will be given a list of startups to rank. Peruse their profiles and rank them based on how good you think they are performing.
Every day you will be given a list of investors. Peruse their profiles and rank them based on how much you desire them to invest in your startup.
Update your startup's progress! Tell the investors what you have built, measured and learned.
At the end of every day, you will be presented with an algorithmically derived match.
If you're an investor, you will be presented with the best match of the day, and vice versa if you're an entrepreneur.
At the same time, a daily global rank will be generated for startups and investors - you'll be able to keep track of who's hot and who's not.
At the end of an iteration period, you will be presented with your final (top 5) matches.
If you're an investor, you will be presented with the best startup that matches your preferences throughout the iteration period, and vice versa if you're an entrepreneur.
You may choose to distribute the funds you have pledged earlier in the iteration cycle however you like to the top 5 matches.
You may choose to either accept or deny receiving funding from any of your top 5 matches if you are chosen to be funded.
All the monies are distributed. It is implicit upon acceptance of the funds that a contract has occured between investor and startup.
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