JewelStreet are Crowdfunding
Thursday, April 10, 2014
JewelStreet, the leading online jewellery marketplace have launched a Crowdfunding campaign to grow the business
JewelStreet, the hottest place to buy and sell designer jewellery online, has launched a new Crowdfunding campaign so that members of the public can invest in their business. Crowdfunding is the online equivalent of Dragon's Den, where anybody can invest as much or as little as they want in a business, in return for some kind of reward, be it their name mentioned somewhere, a product or selection of products, or a share in the profits.
JewelStreet Managing Director, Rob Passmore, says, "crowdfunding is a great way for people to won a part of a progressive new business like JewelStreet. Our business plan projectas a 14 times multiple return on investment within three years." You can watch the pitch video here. As with any investment, there is a risk involved, which should be looked into, and the CrowdCube website will only accept investment once you have proved that you understand investment decisions.
If you've not come across JewelStreet before, their website is well worth checking out. Passmore describes the site like this, "JewelStreet is this new, direct sales channel where designers receive a full 75% of the retail price." Get your jewellery designs the attention they deserve, without paying a huge comission to high street shops.