Social Capital Markets....bye bye blood sucking investment bankers!!

This is VERY cool…. 28,000 fans got together and bought the EBBS FLEET United Football Club in UK last week. An on-line network called MyFC was formed…and each paid approx $70US for a share and they purchased 75% of the club.
Social Capital markets have started!! Bye bye investment bankers sucking huge pools of capital out of the investment market just to play match-maker. Oh the internet…the ultimate dis-intermediary force and matchmaker. Cut out the middle-man….bring buyers and sellers from all over the world together quickly and cost effectively.
Google kind of started this approach during there IPO couple of years ago…by dictating not only the terms of the deal…but of the auction process as well. Really pissed off the investment bankers and gave them a taste of the new world…the disruptors take over another industry.
The financial industry is ripe for this for 2 reasons. In the past it was difficult to raise $MM’s of dollars with out some help, and these Investment Banks make huge profits….and where there are profits and a need…innovation follows!!
My vision in 2-3 years….I want to buy a house or business….so I post my “prospectus” to a Social Capital community….attract interested micro-investors (or larger ones) from all over the world…and the deal is done. Risk management will get sorted out…micro-investments is one tactic on that.
Should we start a company...get the world to invest $5 each? What do u think?




Quite inspiring,
The banking crisis is almost over thank god!
Thanks for bringing this up
Reply to this