Jerry Harrison is best known for burning down the house on guitar and keyboard for the ’80s rock band the Talking Heads. So you may ask yourself: How’d he get into equity crowdfunding for medical companies?
Harrison, who turns 68 this week, went into music production and the tech startup world after the band broke up in 1991. Those connections led him to co-found the crowdfunding site RedCrow, which launched in November to connect investors with early-stage companies working on health care and medical tech.
Unlike crowdfunding platforms such as Indiegogo where contributors donate to a business idea in exchange for a reward, RedCrow users take out a financial stake in a company. So far, that model has helped three different companies raise a collective $2.3 million for their work on an app for family medical information, a device to enable cardiac monitoring during MRIs, and microbiome-catered dietary supplement recommendations. (For now, only deep-pocketed investors can invest on RedCrow, but the site plans to expand to lower net-worth investors.)
Since Jerry Harrison is over 65 he and Talking Heads may be unknown to a couple generations. Best punk band of the 80’s.
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