Peter and Dan discuss the abundance of capital available to entrepreneurs today, exploring the reasons for a historically unparalleled surge in funding and its accessibility. In 2019, aggregate global crowdfunding -- inclusive of peer-to-peer lending -- reached $14 billion, with over 2,000 platforms offering access to funding. But as is the case with many digital platforms, this too is experiencing double-digit growth. Experts now project that crowdfunding will reach $30 billion by 2025.
In this episode:
Peter explains how today’s speed of computation is helping drive an abundance of available capital across industries globally. Between crowdfunding sites, venture funding, ICOs, and SPACs, there is no capital-related excuse to put off pursuing your MTP and Moonshot.
Dan discusses the geo-political ramifications of the pandemic and how entrepreneurs have used the last eighteen months to their advantage.
Peter talks about the benefits of Bitcoin and why cryptocurrencies will transform economies for the better.
Episode 104: Capital Availability | Exponential Wisdom podcast - Listen or read transcript on Metacast
