TurtleWise Announces Equity Crowdfunding Campaign on Start Engine
Experience Social Network Utilizes Newly-Legislated Equity Crowdfunding
Press Release – Victor, New York – TurtleWise, an experience social network, announces the launch of their equity crowdfunding campaign on StartEngine.com. The new Title III crowdfunding regulation went into effect on May 16th and this is the first time that unaccredited investors can invest in a startup. We have entered a new age of startup financing. TurtleWise has published the terms of fundraising on StartEngine.com. Equity crowdfunding under Title III opens new avenues for entrepreneurs to raise capital from a group of people that do not need to qualify as an accredited investor.
To learn more about this investment opportunity, visit: https://www.startengine.com/startup/turtlewise
“We believe every startup should have the opportunity to grow. Equity Crowdfunding will give small and early stage companies another method to raise capital that can be instrumental to growth.” said TurtleWise founder and CEO, Kevin Walker.
Title III opens the door to non-accredited investors. Previously only accredited investors, who have an individual income of $200,000 or $1,000,000 in net assets, excluding their house, could buy securities. Now, Title III has enabled people to invest in crowdfunding securities who have an annual income or net worth of less than $100,000. With Title III, Main Street has the opportunity to invest with Wall Street.
Impact
Millions of people around the world have benefited from mentorship, where the guidance of a more experienced individual have contributed to those people reaching greater success in their lives. TurtleWise’s mission is to change lives by creating an intimate social network where participants can get and give important advice.
TurtleWise was founded in 2015 by Kevin Walker as a way to connect users with trusted and credible mentors. This innovative social media platform bridges the gap between crowdsourced Q&A sites and your personal network of friends and family. After launching at SXSW 2016, Turtlewise has grown consistently each month in users and activity.
Regarding the type of people that are using TurtleWise, Walker said, “We believe that it’s important to have a trusted group of people that you think have the experience and motivation to really help you and that’s what TurtleWise really does.”
TurtleWise initially focused on six “clusters of excellence”: Military, Entrepreneurship, Lifestyle/Family, Career, Education, and Politics. The number of clusters have expanded rapidly as new users bring new expertise and experience to the community. Explorers ask question within the iOS app or online and Gurus are matched based on their experience.
Check out the live StartEngine campaign to learn more about the opportunity and support our mission to change the world, one great decision at a time.
About TurtleWise
TurtleWise is a Social Network that leverages the unique experiences of its users in order to share credible, customizable and confidential advice. It combines the best of your personal networks with the best of online crowdsourcing. Soon to launch premium features are aimed at deepening engagement and generating revenue. Trusted, mentor relationships are forged one time, a few times or for a lifetime. The difference between a good life and a great life is great decisions.
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