Video

The Money Maker Episode 5: Andy Murray’s crowdfunding side hustle

By Adam Westbrook 21 April 2017
Summary

The world number one's a champion off the court too.

Sir Andy Murray knows something you don’t.

Yes, he knows how to return a serve from Roger Federer and how to wear Rafael Nadal into defeat. But off the court, he’s become an unlikely champion of British business.

He’s now invested in more than 20 UK startups from Perkbox to WeSwap – and he does it all online, using crowdfunding.

Platforms like Seedrs, Crowdcube and even Kickstarter are changing how businesses raise venture capital.

In the new episode of our fintech series The Money Maker, The Memo‘s Editor-in-chief Alex Wood explains the two forms of crowdfunding – and the risks they bring.

The expert view

The Money Maker series is made possible by the kind support of EY, the leaders in tech law.

Richard Goold from EY shares his insight on how crowdfunding could be the future of corporate finance – especially when regulations in the US ease up.