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"Another great possibility through Bitcoin donations is it more easily allows for truly global campaigns because there are no geographical restrictions and the low cost of Bitcoins enable the possibility of micro funding goals," added Schuil.
Two years ago, the Institute for Veterans and Military Families (IVMF) became a trustee with Kiva Zip to offer micro funding for veterans with disabilities.
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At the same time a new class of smaller and more focused "micro" funds is emerging.
With the recent advent of "super angels," "micro" funds, and crowdfunding; the lines of private equity are becoming increasingly blurred.
Engage isn't a micro fund, exactly.
I mean, I like global micro funds, I like long/short equity funds.
We can expect more of that, as the firm is raising a couple of micro funds aimed at specific markets.
Across 25 micro funds, AVG is raising and investing upwards of $200 million per year for and in tech startups.
Leading the round for the Washington D.C.-based startup was the micro fund Cervin Ventures.
Once approved, the Partnership leader can set up either a single-company micro fund, or a traditional multi-company VC fund that gets listed on the FundersClub site.
500 Startups launched '500 Durians' — the micro fund that serves this part of the world — back in May 2013.
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