Skip to main content

CrowdfundingNews 9/28/12

Image
By

Crowdfunding News 9/28/12
Crowdfunding site Kickstarter toughens its rules
Globe and Mail
Crowdfunding site Kickstarter – where more than 30,000 projects have raised about $312-million, according to its stats – has announced new rules to help keep "creators," or the entrepreneurially minded trying to fund ventures, from over-promising and ...
See all stories on this topic »
Globe and Mail
Florida Crowdfunding Site Provides Fresh-Squeezed Opportunities
Crowdsourcing.org
"Crowdfunding is opening the door for talent that was previously hidden to translate into serious business and profit," declares Robert Dobyns, founder of Conzortia. "This new method of business funding is quickly becoming the catalyst that will shake ...
See all stories on this topic »
JOBS Act Legislation Opens Up Crowdfunding
Entrepreneur
With buzz from fundraising websites like Kickstarter and Indiegogo, equity crowdfunding is a welcome player. Under the new legislation, the typically small round of capital (in terms of dollar amount and number of participants) that flies under the ...
See all stories on this topic »
Entrepreneur
Adapteva uses crowdfunding to raise money for a $99 supercomputing platform
VentureBeat
Adapteva is launching a crowdfunding campaign on Kickstarter so that it can create a $99 supercomputer for the masses. The move is a last-ditch funding effort for an ambitious team that at first tried to create a 64-core supercomputing chip for ...
See all stories on this topic »
VentureBeat
Locals turn to crowd funding for needs
San Mateo Daily Journal
Crowd funding sites like Kickstarter and Indiegogo give an online platform for ideas, business plans and propositions for new products. Business-minded people in San Mateo County are turning to the trend more frequently. While statistics on success ...
See all stories on this topic »
San Mateo Daily Journal
Exclusive: Songkick Reveals Music Concert Crowdfunding Plans With The Tale ...
hypebot.com
After posting about Songkick's crowdfunding plans at Crowdfunding For Musicians from a press release that I don't think Songkick expected to see in public, Hogarth contacted me to fill me in on the backstory of Songkick's developing plans. He revealed ...
See all stories on this topic »
Does crowdfunding work?
PC Pro
Crowdfunding is a fascinating idea, and one that's beginning to find its feet, thanks to the rise of dedicated websites such as Kickstarter. Could it really give the banks – with their continued reluctance to lend to small businesses – some serious ...
See all stories on this topic »
PC Pro
[Crowd Leader: Jonathan Moyal] Is Crowdfunding Cultural?
Daily Crowdsource
I don't have an answer to this question. I would love it if some of our international readers can debate this in the comments section. It's an important question for crowdfunding websites when making plans for international expansion, but it's also a ...
See all stories on this topic »
Sports go crowdfunding
Crowdsourcing.org (blog)
Description The Sportfunder website lets individuals and organisations create project profiles online together with funding targets, funding deadlines, plus the ability to upload images and videos to support crowdfunding drives. Project supporters can ...
See all stories on this topic »
inLieu Giving CEO Gives Testimonial of Why the inLieu Team Chose ...
Crowdsourcing.org (blog)
Description inLieu Giving is a socially responsible crowdfunding platform powered by Launcht. The platform enables people to dedicate their birthdays, weddings, or other special occasions to collect donations for causes in need. It is a powerful way to ...
See all stories on this topic »


Labels:

Comments

Post a Comment

Popular posts from this blog

Crowdfunding heads to Georgetown

By
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
Post a Comment
Read more

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

Why we are so optimistic about crowdfunding for minorities

By
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
Post a Comment
Read more