Crowdfunding is a super hot topic right now so we’re going to highlight a few news items each week that we’ve found interesting. Because things are evolving almost daily with new concepts and sites appearing and pundits weighing in, this weekly column is not ‘state of the art’, it is closer to social anthropology, i.e. we’re engaged observers and participants watching an emerging phenomena:
Weighing In On The JOBS Act:
Forbes Investment Guide on what you need to know about the forthcoming crowdfunding investment model, with details of what investors and companies can expected. From the piece, our Quote Of The Week:
“The target audience is likely to be unsophisticated,” says Stephen Goodman, an attorney with Pryor Cashman LLP in New York. “We already know the SEC has been extremely skeptical of this [crowdfunding] process.”
Some local Rochester coverage of our first successful crowdfunding project.
General Crowdfunding News:
New Crowdfunding Models:
In Spain, a group of irate citizens are using crowdfunding to raise funds to sue Bankia, a recently bailed out bank. Crowdfunding for (perceived) social injustice?
Unglue.it is a crowdfunding platform designed to pay authors to release their books under a Creative Commons license. This license allows unlimited distribution and sharing of the books while compensating the creator with a one time payment from donors.