Crowdfunding Now!

According to TechCrunch , "The SEC today paved the way for a new era of venture capital investing by  stating  it won’t pursue enforcement action against  FundersClub , whose platform lets any accredited investor fund startups in exchange for equity. Before, some thought FundersClub’s founders could face jail time for violating finance laws . FundersClub’s model could be used by others to raise capital online for startups before the JOBS Act goes fully into effect." This is a good sign, but not the small scale equity crowdfunding approval we have been waiting for. The SEC validated something that is currently legal to do: it let investors with over a million in net worth invest using an online platform. Yawn. See article links below. Nothing to see here. Please move on. Related articles JOBS Act Expected to Increase Diversity in Funding SEC recognizes FundersClub as first-ever online VC The Crowd's Money Can Dominate Early-Stage Investing, But Only If T

"Thomas Steinemann turned to crowdfunding to re-launch the Swiss watch brand DuBois et Fils when he was unable to find the equity needed. He raised CHF1.5 million ($1.57 million) in five months by selling shares via the Web. When Steinemann bought the dormant DuBois et Fils watch factory in 2010, he was convinced that banks and investors would follow him in recapitalising the company. Founded in 1785, it is the oldest Swiss watch factory and one of the oldest Swiss watch brands. Investor perks As a marketing professional, who successfully introduced the American Fossil watch brand to Switzerland in 1988 despite the economic crisis, he sensed the marketing potential of crowdfunding. “The idea of getting a lot of people involved is very powerful for a brand. It’s almost more important than finding the money,” he disclosed. The way Steinemann built his crowdfunding campaign was to propose a low buy-in with high benefits. For as little as CHF500, individuals not only

From "The UR Business Network, a 24-hour business radio network" broadcasting "entrepreneurs, business leaders and business experts." http://www.urbusinessradio. com/2013-01-02_-_MYOB- BillCunningham01.mp3 http://www.urbusinessradio. com/2013-01-02_-_MYOB- BillCunningham02.mp3 Related articles Crowdfunding & the JOBS Act: What Does This Mean For You? CrowdfundingRoadmap Introduces the First Ever Crowdfunding Expo... SEC Equity Crowdfunding Rulemaking: Where Things Stand CrowdfundingNews 2/18/13