Thursday, November 20, 2014

Impact of Mid-term Elections on Crowdfunding

The 2014 Midterm elections were a sweep for the Republicans. What is the impact on crowdfunding?

The breakout of the US Congress post-election is:

House of Representatives -186 Democrats, 244 Republicans
Senate - 46 Democrats, 53 Republicans (shown below):

The Republican majority in the House is significant. In political reality, this means that the Republicans control the government.

Legislative priorities identified so far include:
 ·       Significant tax reform
·        Health care
·        401K reform
·        Obama care repeal
·        Increase in number of visas granted to the high tech industry
·        Copyright protection

Note that crowdfunding is not on this list. Nor is small business. 

Conventional wisdom states that Republican control means a pro-business atmosphere. While this should be good for crowdfunding, the disruptive impact that crowdfunding has on large financial institutions may be a barrier. We know that large financial institutions, with much to lose from crowdfunding, are well represented by the Republican Party. The Republican Party is the party of big, not small, business. These large institutions will seek to slow the adaptation of crowdfunding.

Opinion by William Michael Cunningham

Research by Jing Chen & Jianning Zhang, Masters Candidates in Accounting, Smith School of Business, University of Maryland. They are both Crowdfunding Research and Development Interns, NCS, Fall, 2014. 

Tuesday, November 11, 2014

NCS App

We have created a small, summary application providing information on NCS and the Top 50 Crowdfunding campaigns. Download at: http://ncsdca.appsme.com or click on the picture below.

NCS App

Friday, October 24, 2014

Top 50 Crowdfunding Campaigns


The chart above shows an analysis of the Top 50 crowdfunding campaigns, 'Top' measured by total dollars raised. The X axis shows the dollar amount of the reward or perk ($1 to $10, $11 to $20, etc.) The Y axis shows the cumulative number of rewards/perks collected across all 50 campaigns, so the chart shows that, for the top 50 crowdfunding campaigns on Indiegogo, 100,000 rewards/perks with a value ranging from $1 dollar to $10 dollars were selected by supporters. To see the exact number of rewards taken at each range, click on the red bars in the chart. For the full report ($129.00) and a description of the crowdfunding tactics that follow from this analysis, see: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=77A2P3AZJ3TA2