5 Funding Sites to Avoid That First Pitch

In a post from yesterday we may have scared you from ever making the jump out of your garage and in front of potential venture capitalists.  If that was the case don't worry because there are other options and no not just Kickstarter or Indiegogo.  Here is a list, in no particular order, of 5 funding sites that you can turn to if you find yourself in a unique financial situation.

1. MicroVentures - It takes very little work on the business end.  The way its set up is you tell them your idea they research it and ask further questions.  Then they relay the information to investors and they make an offer.  Sounds simple enough.  My only knock is that you have to give up equity in your company unlike Kickstarter or typical crowd funding sites.

2. Angel List - I know I've mentioned this and you may or may not have heard of it.  Anyways it's different then most funding websites because you already have to have $100,000 worth of funding to even get on it.  But if you manage that feat its phenomenal.  You immediately get in front of some of some great investors.  After you gather those investments your portfolio then attracts young people looking to get hired.  It's a great way to streamline your business toward success and it seems like you barely have to lift a finger.

3. SoMoLend - This is a really interesting crowd funding concept.  The idea behind it is that you prey on the locals around you that may know you and you set up a lending plan and you get funded.  Pretty basic I just don't know if I trust it, or if people will trust you.

4. Razoo - This site is really not strictly geared toward businesses more toward causes.  However, they do allow businesses that work with causes.  So if you have an idea that is catered more toward social entrepreneurship this could be a great start considering the claim they've raised close to 1 billion in funding.

5. Appbackr - Pretty self explanatory.  This is one of those niche funding sites that caters towards just applications.  That might narrow your competition so you don't have to compete with the big dogs like 

the Oculus Rift.