Skip to main content

Crowdfunding News 8/31

Image
By

Crowdfunding News 8/31/12
 
Crowdfunding: Kickstarter vs. IndieGoGo
Huffington Post
If you're going to start a crowdfunding campaign you will inevitably come to the point where you will need to decide what platform to use. For my first project for my book series, I ended up raising over $35,000 on my own, without either Kickstarter or ...
See all stories on this topic »
Whatever happened to crowdfunding?
Mass High Tech
When President Barack Obama signed the JOBS Act on April 5, including its provisions to allow for crowdfunding, I couldn't wait to see what effect the bill would have on the startup companies I write about every day. Unfortunately, I had to wait. I ...
See all stories on this topic »
Mass High Tech
Watsi Is Using Crowdfunding To Treat The 1B+ Worldwide Without Access To ...
TechCrunch
... high-impact treatment for those who lack access to necessary care. Drawing on the recent explosion of crowdfunding, Watsi is applying a familiar model to a space in which crowdfunding is more unfamiliar: Global healthcare. While there are health ...
See all stories on this topic »
Crowdfunding: Portuguese Artists in Survival Mode
PRI's The World
Luís Tinoco, a classical music composer in Lisbon, successfully tapped Portugal's first Internet crowdfunding network to raise the final few thousand euors needed to complete his first CD. (Photo: Monica Campbell). As Europe's economic crisis drags on, ...
See all stories on this topic »
PRI's The World
Austin projects that collect Kickstarter capital
Bizjournals.com (blog)
Kickstarter Inc. officials say Austin is the seventh-most active U.S. city using its crowdfunding model to launch projects. Fifty-three local projects are seeking funding from Kickstarter, company officials said. Local entrepreneurs have secured ...
See all stories on this topic »
Drown casts Matt Levett, launches crowdfunding campaign
Inside Film
Local feature film Drown has cast Matt Levett in the lead role and has launched an online crowd-funding campaign. The low-budget film, which will tackle themes of bullying and homophobia, aims to raise $100,000 in 65 days via Indiegogo. Levett is ...
See all stories on this topic »


Comments

Post a Comment

Popular posts from this blog

Crowdfunding Accounting 101 - Revenue Recognition in Crowdfunding

By
A start-up using crowd funding to create a product is different from a normal company. The start-up has cash inflows from donations but does not have a product, yet. In this situation, we recommend using completed-contract method to recognize revenue. Under this way of thinking, we assume the start-up is akin to a project or a long-term contract. The crowdfunding company will find it difficult to estimate the revenue from crowdfunders and, hence, the cost of rewards or perks. Under International Financial Reporting Standards (IFRS) and GAAP guidelines, if the firm cannot reliably measure the outcome of the project, revenue should be recognized based on contract costs. These costs should be expensed when incurred. Profit is recognized only at the completion of the project. In summary, for crowdfunding companies, revenue, expense, and profit are recognized only when the crowdfunded product is actually manufactured. 1 For example, assume that AAA Corp. wants to manufacture bicyc...
Post a Comment
Read more

Top 50 Crowdfunding Campaigns: Fifty Most Successful Crowdfunding Campaigns

By
  Top 50 Crowdfunding Campaigns: Fifty Most Successful Crowdfunding Campaigns Kindle Edition https://www.amazon.com/gp/product/B00RKK4NL0/ref=dbs_a_def_rwt_bibl_vppi_i0
Post a Comment
Read more

8 Tips For Launching: Crowdfunding For Startups

By
As the article notes, "For a people who revere startup culture and the idea that one can bootstrap one’s way to business success, we seem to prefer the TV version to the real thing — especially as of late. It turns out that new business creation recently approached its 40-year low. Banks are retaining their Great Recession-era tight-fistedness and the costs of education, housing and healthcare continue daily to expand beyond the ability of most Americans to keep pace... Due to these factors — along with the legalization of equity crowdfunding accomplished via the passage of the JOBS Act in 2012 — crowdfunding has arisen as a means of raising startup funds. You may only be familiar with crowdfunding in the context of all the medical- and disaster-based campaigns that have been making the news lately, but crowdfunding is a viable way to raise money for businesses as well." See the full article at:  https://www.merchantmaverick.com/crowdfunding-for-startups-8-tips-you-s...
Post a Comment
Read more