Crowdsourcing isn’t new, just look at the pyramids. The essence of crowdsourcing is splitting a large task into micro-tasks for others to accomplish. This is powerful because it (hypothetically) lets you accomplish large labor-intensive tasks relatively easily; certainly there are challenges. Crowdfunding works the same way; individuals or companies can raise large sums of money […]
Indiegogo, one of the world’s most popular crowdfunding platforms, has just announced that it will release a new product called “Outpost” that allows companies to integrate the platform into their own websites. Firms can use crowdfunding to raise capital for socially-driven projects, gauge demand for new products, or work with the crowd to develop their products. […]
All the buzz about crowdfunding regualtion in the Jumpstart Our Business Startups (JOBS) Act needs clarification, though as you’ll see the lines are still very hazy. Comments on these provisions are due in February 2014. Below are key excerpts to help clarify what’s currently in place as of 10/23/2013. This comes directly from the Harvard Law School […]
Time magazine recently posted an article on the growth of the ‘crowdfunding economy’ enabled by the 2012 Jumpstart Our Business Startups (JOBS) Act, which passed through the federal government with bipartisan support and was signed into law by President Obama. Under JOBS, companies can sell ownership shares to investors via websites and social media channels […]
TheGrill: Indiegogo Co-Founder – Hollywood Will Permanently Adopt Crowdfunding (Video) – TheWrap.
Check out this Indiegogo project happening now to fund the creation of a mini-floating city. They’ve just met their $20K goal, and still have 6 days left in their crowdfuning campaign. Pledges go to pay experienced European designers to develop the project state-side. I find this very interesting because it’s not just about funding, it’s […]