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February 18, 2012 02:29 am GMT

Fundraising Platform For Startups ProFounder Shuts Its Doors

profounderProFounder, a startup that offered entrepreneurs ways to raise money for their startups and ideas, is shutting its doors, according to an announcement on the company's site today.ProFounder, which is the brainchild of Kiva co-founder Jessica Jackley and fellow Stanford Business School alum Dana Mauriello, allowed entrepreneurs to share a percentage of their revenues with investors (their friends, family, and community) over time in exchange for an investment.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IdATzTKQMLY/

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