Spotlight | Tea Firms and Fans Share Financial Success

Tea stakeholders globally find it difficult to access capital via traditional financial networks. Institutional investors cite daunting obstacles, including persistently low prices, a fragmented supply chain, and low profit margins in commodity markets. The tea industry’s vulnerability to climate change heightens risk.Since 2021, several tea companies have successfully turned to equity crowdfunding as an alternative to traditional loans and elusive venture capital. Tea Journey is doing the same.Invest in our move to the tea lands.Nepal Tea Collective founder Nishchal Banskota raised more than $600,000 from small investors to expand operations, including new retail stores in Kathmandu. Young Mountain Tea founder Raj Vable’s ongoing WeFunder campaign has raised $225,450 to construct and operate a community-owned tea-processing factory in Kumaon, India. Others include Revival Tea and CUSA Tea and Coffee, which raised $1.2 million in 2022.Peter Yang, President and CEO of OverSubscribe+ joins us today to discuss equity crowdfunding. OverSubscribe+ is a non-crypto, fully regulated way for customers and fans to fund company growth and earn back a share of their profits.BIO: Peter Yang graduated from the Massachusetts Institute of Technology (MIT) with a degree in computer science and holds an MBA from the University of California, Berkeley. He worked for 15 years in Silicon Valley at banks, as a Goldman Sachs financial analyst, and at Emergence Capital Partners, and was head of corporate development at Corel Corporation. Peter and co-founder Jae Kim founded New York City-based OverSubscribe+ in 2018.Signup www.tea-biz.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy