Scotty’s Brewhouse isn’t the usual business you read about raising venture capital. It’s nearly 20 years old. Revenues are strong for a small business, but not growing like an Uber-sized weed. And it’s a restaurant chain. In Indiana
In other words: Not exactly a sexy investment for traditional VC firms.
But earlier this year, the brewhouse raised nearly $400,000 in funding from 120 accredited and unaccredited investors through LocalStake, an online crowdfunding service connecting businesses with capital, after posting advertisements for the online campaign on social media and its restaurant’s menus and bathroom stalls Read more…
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