Skip to main content

CrowdfundingNews 9/22/12


Crowdfunding News 9/22/12
On Crowdfunding and Other Threats
Wall Street Journal
Leading the group's list of top investor threats: "crowdfunding," or using the Internet to sell securities to individuals. Under the new law, small businesses will be able to offer up to $1 million in debt or equity through crowdfunding, selling either ...
See all stories on this topic »

Wall Street Journal
A Crowdfunding Pioneer Psychoanalyzes Crowdfunding's True Believers
Crowdsourcing.org
It was satisfying and fun collaborating with others on efforts to push the crowdfunding exemption from idea to reality. I've always had an idealistic view of the exemption, and I saw that my compatriots felt the same way. We were (and are) excited ...
See all stories on this topic »

Crowdsourcing.org
Crowdfunding Helps Startups Raise Funds; JOBS Act Helps, SEC Must Do More
Investor's Business Daily
Episencial, a Los Angeles-based maker of baby-safe skin care products, turned to an unusual source when it needed $300,000 to expand its product offerings, marketing and distribution. Founder and CEO Kim Walls approached CircleUp, a San Francisco ...
See all stories on this topic »
New Kickstarter Rule Prohibits Renderings, Require Risk Assessment
RedOrbit
Popular online crowd-funding platform Kickstarter has announced a series of new rules that limit the type of goods that can solicit funds through the website as well as the types of information that aspiring inventors can include to push their projects.
See all stories on this topic »

RedOrbit
Uwingu Looks To Crowdfunding For The Future Of Space Exploration
WebProNews
For years, we've entrusted the future of space exploration to public agencies and they have done a great job. NASA was able to land on the moon, send a rover to Mars, and make a satellite out of Android phone with public dollars. Unfortunately ...
See all stories on this topic »
Crowdfunding startup, Picatic, can eliminate the financial risk for event ...
Crowdsourcing.org
Description Online ticketing startup, Picatic, brings the crowdfunding model to events thereby removing some of the financial risk for promoters, artists and venue-owners.The Canadian company, founded in 2008, is the brainchild of a former events ...
See all stories on this topic »
Hyper-Local Crowdfunding Site for Nonprofits Recently Launched
Crowdsourcing.org
Hyper-Local Crowdfunding Site for Nonprofits Recently Launched. Description The Money Crowd is a new local crowdfunding site that aims to help nonprofits and community organizations in the Tampa Bay area that need money for projects. The first group to ...
See all stories on this topic »
SMEs unaware of crowd funding
Crowdsourcing.org
Summary More than two-thirds of business owners have never heard of crowdfunding, according to research by the credit rating agency Experian. Description Just seven per cent said they would search the internet and only six per cent thought of talking ...
See all stories on this topic »



Comments

Popular posts from this blog

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...

Top 50 Crowdfunding Campaigns: Fifty Most Successful Crowdfunding Campaigns

  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

8 Tips For Launching: Crowdfunding For Startups

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...