Mark Pearson knows a thing or two about investing. He sold his company Markco Media, which owns MyVoucherCodes, to Monitise last year for up to £55 million ($85.4 million). The original investment back in 2006 was just £300.
Now the British entrepreneur wants to help everyone become a venture capitalist (VC) by launching his own £30 million fund. And £500,000 comes from crowdfunding, where a number of people can invest money to reach the funding target.
Using the equity crowdfunding platform Seedrs, investors can back Fuel.Ventures for as little as £100. Currently the campaign has raised £117,600 of the half a million target.
"I love crowdfunding and I love what it's done. It opens up the opportunity for normal crowd retail investors to actually come and invest in really high-tech start-ups," Pearson told CNBC on Wednesday.