MicroVentures Launches First-Ever Facebook Game with a
Venture Capital Theme, Allows Players to Back Real Startups,
Compete Against Friends
MicroVentures, is the leading equity crowdfunding
platform, connecting investors with early stage investment
opportunities. Guided by veteran market expertise and with a
successful track record of raising millions for more than a dozen
companies, MicroVentures conducts due diligence and risk management
services before selecting equity investment opportunities on behalf
of its community of more than 4,000 investors. The
Company have announced the launch of MicroVentures Investor
Challenge - a Facebook game in which real startups like AirBnB,
Etsy, and
Pinterest compete for a player's virtual investment.
In Investor Challenge, real startups face off in six weekly
rounds and players are in the role of venture capitalist, with
$1,000,000 "microbucks" to invest in favorites like Foursquare and
Taskrabbit. The startup that commands the most total investment
from players advances to the next round where it faces off against
a new opponent. At the end of the tournament, one startup emerges
victorious, and one investor, too.
"We wanted to turn the current buzz about startups into a fun
online investing experience," said MicroVentures Founder and CEO
Bill Clark. "The passage of the federal JOBS Act means there's a
brand new category of early stage investment opportunities becoming
available and this is an entertaining way to get exposure to the
space."
The game is risk free - there's no real money involved - but
players can win $250 in real cash each week for picking winning
companies. In September a MacBook Air ill be awarded to the overall
winner. A new tournament is tentatively slated to begin shortly
thereafter.
The JOBS (Jumpstart Our Business Startups) Act passed in March
2012. Once implemented, MicroVentures will be among the first
companies to take advantage of its new provisions.
MicroVentures partnered with gamification company Zobee to
develop Investor Challenge.