Barbara Corcoran is one of the “Sharks” participating in ABC TV show Shark Tank, where she has personally invested in over 20 startups. Corcoran is also a contributor to the NBC’s Today Show, and hosted “The Millionaire Broker with Barbara Corcoran ” on CNBC.
RockThePost provides a an equity crowdfunding platform where startups that have a minimum viable product with some market validation in the hardware, tech, healthcare and consumer product verticals can raise between $100k to $5m from accredited investors in 60-90 days.
Commenting on the announcement, Corcoran said: “It seemed like a natural fit for me to join RockThePost’s board and help them flourish in the brave new world of online capital raising. Startups are having a lot of difficulty getting their hands on the needed capital to start and grow their business and RockThePost changes all that. With the new Jumpstart Our Business Startups Act (“JOBS Act”) signed and once the SEC finalizes its rules, the days of start-up capital only coming from accredited investors are over. Now Joe and Sue from down the street will soon have the opportunity to also invest in startups and participate in deals previously only offered to accredited investors”.