After taking over as CEO of Pono last month, one of Neil Young’s first big moves is launching another crowdfunding campaign.
PonoMusic has a campaign going on Crowdfunder. They are accepting investments of at least $5,000 in exchange for equity. So far they’ve raised $5,592,700, passing their current goal of $4,000,000.
Pono says the company was worth $50,000,000 prior to this round of crowdfunding. Their Kickstarter campaign, which was funded in April 2014, raised $6,225,354.
The Crowdfunder campaign closes on September 1st.
Nina Ulloa covers breaking news, tech, and more. Follow her on Twitter: @nine_u