By Crowdfund Vibe Staff Writers
“When I first heard about crowdfunding I thought it was too good to be true. They told me I could pitch my idea to the public on a crowdfunding platform or event, and if people liked the idea, they’d contribute to it.” says Ms Kwek Hong Sin, organiser of the Singapore Summit.
Hong Sin, a former cyber security business developer, heard of crowdfunding when she was rejected by venture capitalists for another business in 2013. She travelled to San Diego, Silicon Valley, Las Vegas to find out more about the crowdfunding phenomenon. On her trip, she met some of the leading lights in crowdfunding and observed the impact it had on the regional economy and startups across the United States. “I went to the US to get money, but I left wanting to drive Asian crowdfunding,” she relates. Since that time she has been working tirelessly to organise the two day event which starts on Monday.