NewsBite

Mates turn to equity crowdfunding to raise $1.5m for Stubby Club

Alex Gluyas
Alex GluyasMarkets reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

When former soccer teammates Dean, Dylan and Jon decided they needed to raise money to expedite the next phase of their sports merchandise start-up, tapping into the mountain of cash held by private equity firms was never considered.

The trio, who launched The Stubby Club in 2018 after experimenting with printing sports designs on their stubby holder dispensers, which can store loose stubby holders, instead chose Equitise – a crowdfunding business allowing “everyday people” to buy shares in early-stage private companies.

Loading...
Alex Gluyas is a markets reporter based in our Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Investing

Fetching latest articles

Most Viewed In Wealth

    Original URL: https://www.afr.com/wealth/investing/mates-back-everyday-people-to-quench-thirst-for-stubby-club-cash-20220512-p5akvm