Johann Moonesinghe is the CEO of EquityEats, a crowdfunding platform for restaurants. Johann and his partners opened EquityEats in 2014. They currently have four investments on the site and will be opening a pop-up space to showcase chefs and restaurants in Washington D.C. The founders believe the food and beverage service industry is perfectly positioned for crowdfunding and they are doing a lot of exciting things.
In this episode Brandon and Johann discuss:
- The difference between investing in a typical business vs. investing in a restaurant
- Mitigating the risk of restaurant failure
- EquityEats funding model vs. a bank loan
- How EquityEats works and helps businesses
- Reasons restaurants fail
- How to vet potential investments
- Finding investors
- The effort that goes into doing a pop-up
- The effort that goes into opening a restaurant
- The food scene in D.C.
- Advise to potential startups
Links and Resources from this Episode
- What is an Accredited Investor?
- Black Whiskey – Johann’s first restaurant investment
- Press on EquityEats new pop-up
- Contact Johann at “Johann at equityeats.com”
The post REB 012: Johann Moonesinghe and Equity Eats appeared first on Real Everyday Business.