Skip to main content

CrowdfundingNews 9/20/12



Crowdfunding News 9/20/12
No need to wait for crowdfunding
Bizjournals.com
A handful of upstarts are working to make crowdfunding a reality—now. They're creating platforms using existing rules that give businesses the chance to raise money online, and offer investors a chance to roll the dice on private companies, no matter ...
See all stories on this topic »
Online Ticketing Startup Picatic Launches EventTilt, Its Kickstarter For Events
TechCrunch
Crowdfunding is all the rage these days, isn't it? People are crowdfunding their hardware startups, crowdfunding their insurance bills, even crowdfunding their honeymoons. And now you can crowdfund concerts and other events. Online ticketing startup ...
See all stories on this topic »
Crowdfunding getting behind-the-scenes push in Canada
National Post
Crowdfunding is practiced in other parts of the world and, thanks to the passage of the JOBS Act, is now the law in the United States, although potential market participants are awaiting regulations before declaring themselves open for business. The ...
See all stories on this topic »

National Post
UK founder of world's first equity crowdfunding site coming to Toronto
ITBusiness.ca
Darren Westlake co-founded UK-based Crowdcube, which went online in 2010 calling itself the first equity crowdfunding site ever launched. He will take part in a panel discussion on whether investment crowdfunding can be a viable growth accelerator for ...
See all stories on this topic »
Four Ways to Pin the Word About Your Crowdfunding Campaign
Daily Crowdsource
Pinterest is a social network that hasn't realized its full potential, and that's because most people who use it haven't recognized the power it possesses. A virtual pinboard, Pinterest allows you discover interesting things on the Internet and pin ...
See all stories on this topic »

Daily Crowdsource
Business Compliance Partners Reviews NASAA's List of Emerging and ...
Crowdsourcing.org
"NASAA members are particularly concerned about two provisions of the recently passed [Jumpstart our Business Startups] ("JOBS") Act that could unwittingly open a floodgate of fraud. These include provisions to expand crowdfunding to allow businesses ...
See all stories on this topic »
Taking crowdfunding to the Philippines
Crowdsourcing.org
But with more than 9m Filipinos living overseas with earnings that last year were more than $20bn – accounting for more than 10 per cent of the country's GDP – Mr Garrido believes these Filipino ex-pats could potentially be engaged, through ...
See all stories on this topic »
SEC Chair & Former Chair Challenged To Cage Match For Right To Determine ...
Crowdsourcing.org (blog)
Description The federal government using the infinite wisdom that has led to a $15 trillion deficit has decided to order the SEC inject itself into private lives by requiring people who want to go into crowdfunding to register all in the name of fiscal ...
See all stories on this topic »
Comedienne Josie Long launches scheme to fund new Glasgow-based film
stv.tv
Arriving back in Scotland following the success of her Foster's Comedy Award-nominated Fringe Show, Josie has launched a crowdfunding scheme to help finance the film, called Romance and Adventure. Crowdfunding plan will help Josie to oversee costs ...
See all stories on this topic »
Greenpop turns two, Makhulu seeks crowdfunding
Crowdsourcing.org
Description In order to turn this effort into a full-length feature called Losing Livingstone, Makhulu aims to raise USD20 000 via crowdfunding on Indiegogo. "With the money we raise, we will focus on a feature-length documentary about deforestation ...
See all stories on this topic »



Comments

Popular posts from this blog

Crowdfunding heads to Georgetown

So first Fundrise raises $31Million for real estate crowdfunding.  Now Realty Mogul, a real estate crowdfunding platform, responds quickly with a rare opportunity to be a part of a $31.8 million project in the exclusive Georgetown neighborhood of Washington DC. #crowdfundrealestate Realty Mogul, along with   JOSS Realty Partners ( "JOSS" ) , is introducing the Georgetown Plaza to the crowdfunding world. This 150,097 square foot   Class B office building is  located on Wisconsin Avenue, Washington DC's major north-south artery and half a mile north of Georgetown University's main campus and Georgetown University Hospital. The primary objective of this investment crowdfunding campaign is to acquire, lease-up, and reposition the office building before reselling. In this crowdfunding transaction, Realty Mogul investors will hold a partnership equity stake in Realty Mogul 19, LLC.   Realty Mogul 19, LLC will subsequently invest in 2233 Wisconsin NY Member L

Crowdfunding Accounting 101 - Revenue Recognition in Crowdfunding

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

Why we are so optimistic about crowdfunding for minorities

Dr. Mark Dean - On the IBM team that developed PC : "Mark E. Dean (born March 2, 1957) is an African American inventor and a computer engineer. He led the team that developed the ISA bus, and he led the design team responsible for creating the first one-gigahertz computer processor chip. Dean has also helped in the early development of the computer keyboard. He holds three of IBM's original nine PC patents." Jesse Russell , recognized father of digital cellular technology: "Jesse Eugene Russell (b April 26, 1948) is an African-American inventor and one of the visionaries’ whose innovative perspectives profoundly influenced the wireless communications industry, (a) driver of growth in the 21st century. Trained as an electrical engineer at Tennessee State University and Stanford University , and recognized globally as a thought-leader, technology expert and inventor in the field of wireless communication for over 20 years.." Emmitt McHenry , Founder of Ne