Oculus VR Raises $16 Million Series A

OculusRift1

Top Story

Oculus VR has raised $16 million in a round with contributions from Spark Capital, Matrix Partners, Founders Fund and Formation 8. Spark Capital and Matrix Partners led the round. Spark founder Santo Politi and Matrix partner Antonio Rodriguez both acquire seats on Oculus’s Board of Directors in the deal. Forbes alludes to the involvement of Founders… Read More

Indiegogo Adds New Payment System for Canadians

Canada Flag

Indiegogo has announced a new payment option that simplifies how Canadians fund campaigns. Indiegogo campaigners who run campaigns in Canadian dollars are now able to accept credit card payments, in addition to PayPal, and receive funds in Canadian dollars (CAD), whether these funds are coming in from Nova Scotia, New York or New Delhi. This… Read More

Planetary Resource ARKYD Telescope Campaign Adds Complimentary Freelancer Contest

ARKYD Space Telescope Location

Planetary Resources, currently crowdfunding on Kickstarter for their ARKYD Telescope, has taken the first step towards making space accessible to everyone. Planetary Resources has turned to both crowdfunding and crowdsourcing, in partnership with Freelancer, to involve global communities in building, promoting and launching the first publicly accessible, orbiting space telescope, the ARKYD. The Kickstarter campaign… Read More

Crowdfunded Savings Account For You Children’s Future – SavingsFund

Mom and Baby on SavingsFund

SavingsFund was developed by the National Financial Educators Council (NFEC) to help families maintain financial security for their children’s futures.  SavingsFund enables parents looking to save money for their chilren’s futures to create pages about their children’s long-term financial goals, through which friends and family can contribute. Saving enough money, via a crowdfunded savings account, for a child’s… Read More

Philips Partners with Indiegogo on Competition

Slava Rubin and Greg Sebasky

Philips “Innovation Fellows” Competition Partners with Crowdfunding Platform Indiegogo. Searches for Next Big Thing in Health and Well-Being. Philips to award $100,000 plus mentoring to the top ideas Greg Sebasky, Chairman, Philips North America, has introduced Philips’ Innovation Fellows competition at the Bloomberg Next Big Thing Summit. Philips is asking people nationwide to submit their ideas… Read More

Crowdfunding for Broadband – Crowdfiber

Crowdfiber Crowd

CrowdFiber is a simple tool for raising funds by crowdfunding and aggregating demand for advanced high-speed internet in your community. Civitium, LLC has released the beta version of CrowdFiberto bring together all of the stakeholders in broadband delivery and consumption in the creation of sustainable gigabit communities. The application is now online at Crowdfiber.com. “It’s… Read More

Fundly Launches App for iPhone

Fundly

Fundly, a donation crowdfunding platform, released its mobile app for iOS that makes it easy for fundraisers to manage and run their fundraising campaign straight from their mobile device. The app is available for free in the iTunes store for iPhone, iPad and iPod touch. The Fundly app focuses on the core fundraising features most applicable… Read More

CNBC: Going Public Getting Harder, Traditional Method is Broken (Video)

Fear and Loathing in IPO Land

In a segment on CNBC entitled Fear and Loathing in IPO land, Kate Kelly shares her experiences from her participation in the Venture Forward conference where top angels /venture capitalist investors met.  Some of the facts shared by Kelly include: Some Tech investors feel the Traditional offering mechanism is broken It takes on average 9… Read More

Barclays: Entrepreneurship is the Most Tangible Source of Global Wealth, BRICs Lead the Way

Barclay's Banker

Emerging markets are accruing wealth at a faster pace then the developed world.  The importance of entrepreneurs is highlighted as today wealth is created more by entrepreneurship than inheritance. These are facts revealed by Barclay’s 17th Volume of Wealth Insights: Origins and Legacy:  The Changing Order of Wealth Creation.  This study was put together with… Read More

Dr. Richard Swart To Head Crowdfunding Research At UC Berkeley

Fung Institute

Dr. Richard Swart has been appointed as Director of Research overseeing the policies, best practices and innovation in entrepreneurial finance at the University of California, Berkeley. The Program for Innovation in Entrepreneurial and Social Finance, directed under the College of Engineering’s Fung Institute, seeks to examine the evolution of crowdfunding and other social-finance models. Dr. Swart… Read More

WATCH: Brad Muir Of Double Fine Productions On Crowdfunding, ‘Massive Chalice’

brad muir massive chalice double fine

Brad Muir is leading the campaign for MASSIVE CHALICE, the second game launched by Double Fine Productions on Kickstarter. The campaign will literally be crossing the $1 million mark just about any minute at the time of writing, and Double Fine Productions will become the first gaming outfit to boast two million-dollar Kickstarter campaigns. Hat… Read More

James Franco Launches Indiegogo Campaign For Feature Films

james franco

James Franco is probably best known for roles in the cult classic TV series Freaks and Geeks and movies like Spider Man and Oz: The Great and Powerful. Franco is also an author, having penned a book of short fictional stories based on his experience growing up in Palo Alto, California. Now he has launched an Indiegogo campaign seeking… Read More

Gawker Seeks Use For Crackstarter Money

Rob Ford Crackstarter

Gawker Media and reporter John Cook raised just over $200,000 on Indiegogo for their “Crackstarter” campaign. The goal was to buy a video of Toronto Mayor Rob Ford smoking crack. Now John Cook has announced that the likelihood of actually acquiring said video is low and getting lower by the day, so he has reached… Read More

Crowdfunding Tips For College Students

Screen Shot 2013-06-18 at 8.42.41 AM

When Amber Boyd got her acceptance letter from Harvard University’s Graduate School of Education, she sent out the following tweet. PRAISING GOD BECAUSE I JUST GOT ACCEPTED INTO HARVARD! — Amber K. Boyd! (@DuhSheRocks) March 9, 2013 When she realized it would set her back roughly $70,000 in tuition, fees, books and living expenses, she… Read More

This 19-Year-Old Self-Taught Developer Will Not Be Stopped

20130404151719-my_photo

Martha Chumo is a 19-year-old in Nairobi, Kenya. Last year, she got a computer to herself for the first time at an internship, and “learning to code became my obsession,” shewrites. She quit her job, bought her own laptop, and plunged into the process that is happening to smart, self-motivated people all over the planet… Read More

Regulators Wrangle Over How to Protect Crowdfunding Investors

SEC Small Business Capital Formation 2012

At the heart of the debate over how to write the rules for the next generation of crowdfunding is how much regulators should seek to protect small investors. Under the Jumpstart Our Business Startups Act, known as the JOBS Act, small investors would be able to invest only a portion of their net worth. What rulemakers can’t agree… Read More