General News

Wealthforge Powers New Niche Crowdfunding for Broadway on Maxolev

New York Its A Helluva Town Maxolev

Wealthforge, a company that started life in part as a crowdfunding platform and then successfully morphed into a crowdfunding service provider – is powering a new investment crowdfunding niche: Broadway. Earlier this month, Howard and Janet Kagan announced a new investment crowdfunding platform that is offering equity in Broadway productions.  Operating under the auspices of… Read More

Selfstarter Creator Lockitron Delivers Device to Backers

Lockitron

About 2 years ago a startup called Apigy was rejected by Kickstarter for their Lockitron project.  Their concept was pretty basic:  a connected door lock device that could be integrated with existing household hardware. Once installed the user could control their front door via an associated smartphone App.  The rejection by Kickstarter, while certainly stinging… Read More

Diaspora Social Network, Originally Crowdfunded on Kickstarter, Now Being Used by ISIS

description of Diaspora

In a posting on the Diaspora blog entitled, “Islamic State Fighters on Diaspora*”, the site operators have clarified they cannot prevent anyone from using their software as multiple reports have been released indicating ISIS is actively using their platform. ISIS, or Islamic State of Iraq and Syria,  is a radicalized Islamic movement that has terrorized… Read More

GoFundMe Hosts Crowdfunding Campaigns for Both Darren Wilson & Michael Brown

Michael Brown Darren Wilson Crowdfunding Campaigns GoFundMe

Ferguson, Missouri Tragedy Has Captured Global Headlines as Both Sides Raise Funds via Crowdfunding. It has become the norm for sympathetic supporters, family members or those who just want to help out to launch crowdfunding campaigns to donate funds to assist those in need.  The day of August 9th started like any other in the… Read More

Indiana Secretary of State Promotes New Crowdfunding Law

Indiana Small Businesses Engine of Economy

With a little under two months since investment crowdfunding has been legal in the state of Indiana, Secretary of State Connie Lawson spoke about the new opportunity the intrastate exemption is providing for growing businesses. Speaking about the state’s crowdfunding progress, Lawson stated, “Small businesses are the backbone of our economy so this is an… Read More

On Who Gets Funding: Common Sense and Nonsense

Herd of Sheep Stampede

Recently, a man raised $55,492 on Kickstarter to make potato salad. While this campaign gained widespread attention, it is one of the strange and somewhat senseless campaigns that have been funded far past the initial goal amount. This drives the question: is crowdfunding being led (or misled) by a misguided herd mentality? Media tends to… Read More

StartEngine’s CEO Urges Crowdfunding Leaders to Push SEC to Release Title III Rules

Mary Jo White 865 days and Counting

On Wednesday (August 20th), more than 40 participants from the crowdfunding industry gathered on a call to discuss key topics about the industry’s future. Those on the call were urged to join the #VoteOnCF movement, a campaign that urges the SEC to vote on the proposed rules of Title III.  In a recent article on… Read More

Social Lending Awards are Set for January in UK

Social Lending Awards Judges

The inaugural Social Lending Awards is preparing to take place in London this coming January.  A veritable who’s who in the crowdfunding and peer to peer lending space will be participating in the ceremony.  The awards represent a major first for the social lending community with the intent to become the leading annual industry gathering for… Read More

UK Entrepreneurial City Clusters (Infographic)

Tower Bridge London (Wikipedia)

The below interactive infographic is an interesting depiction of the entrepreneurial clusters that have formed in the United Kingdom.  The infographic is courtesy of the Policy Exchange and was developed in conjunction with a report on supporting tech clusters outside of London. The UK is experiencing significant growth in the technology sector.  FinTech has been… Read More

Beauhurst: Record Year for Equity Investments in UK

10£ Queen Elizabeth British Pounds

According to research firm Beauhurst, United Kingdom equity investment has been growing at around 25% per year for over three years now – an impressive pace.  At least part of this growth is due to the liberal approach taken by UK regulators regarding new methods of capital formation such as crowdfunding.    Beauhurst reports that… Read More

Scientists Turn to Crowdfunding After Budget Cuts Affect Research

medical cancer research project stealth

Looking to others after an unfortunate budget situation, University of Connecticut second-year Ph.D. student, Sarah McAnulty, has decided to launch a new crowdfunding campaign for her studies of the Hawaiian bobtail squid. The nocturnal animal has developed a keen relationship with glowing bacteria known to scientist as “symbiosis.” Sharing the squid’s characteristics, McAnulty stated, “It’s… Read More

Reports Indicate Law Firms are Noticing Crowdfunding

And What of Crowdfunding Attorney

Several recent reports have noted the increase in attention law firms are paying to the crowdfunding space. The various sections of the JOBS Act, specifically Title II, Title III and Title IV, have perked interest by the legal industry as they see new opportunity to expand their business and target a new market.  While only… Read More

EquityNet Receives 2 More Crowdfunding Patents

Patented

EquityNet has announced receiving two more patents from the U.S. Patent and Trade Office.  The patents surround crowdfunding and represent the company’s fourth and fifth crowdfunding patents. Patent number 8,793,170 is titled “Electronic Enterprise Capital Marketplace Apparatus and Method” and patent number 8,793,171 is titled “Electronic System for Analyzing the Risk of an Enterprise.”  Some of the… Read More

Renewable Energy Crowdfunding Map (Infographic)

First Day of 2014 Solar Energy Sun

Democratization of energy and finance now go hand in hand, thanks to crowdfunding.  A growing number of platforms from all over the world are enabling people to contribute towards the environment themselves, while making returns that beat any saving account. For renewable energy project developers this also opens a world of opportunities, tapping into the… Read More

The Crowdfunding Centre: London is the World’s Crowdfunding Capital

British Flag

Move over, New York City and San Francisco. According to a recent report, London has been dubbed the world’s capital of crowdfunding. During one of The Crowdfunding Centre events last week, an interactive map shows that London was the top city for the funding option, all thanks to local businesses and startups creating more campaigns… Read More

Federal Reserve: Peer to Peer Lending Poised to Grow

P2P loans are increasing as Traditional loans decline

Our friends at the Cleveland Federal Reserve have published a report on the Peer to Peer lending industry (P2P).  They  have come to the conclusion of just about everyone else but have incorporated some interesting data points.  P2P lending is expected to grow and will be filling gaps left by the traditional lending industry.  The… Read More

John Mullins: The Trouble with VC Funding (Video)

The Customer Funded Business

Professor John Mullins, from the London Business School, authored a book entitled “The Customer Funded Business”. He recently visited the studios of CNBC to share his perspective on how some VCs can be injurious to a business. Mullins states that running a business is a full time job.  Raising capital is a full time job…. Read More

Kickstarter “Night Trap” Campaign Creator Slams Nintendo; Then Applies for the Gaming System’s License

Night Trap

A few days after a very awkward phone interview with gaming website, Kotaku, Night Trap’s executive producer and Kickstarter crowdfunding campaign creator, Tom Zito took to his own blog to post his thoughts about his past conflict with Nintendo. As previously reported, when asked by backers exactly why Night Trap revamp won’t be making an appearance… Read More

Crowdfunding Asia Conference is an Impressive Success

Crowdfunding Asia Featured Audience

The very first crowdfunding conference in Asia took place earlier this month.  A diverse and impressive group of regulators, high ranking politicians, portal operators and entrepreneurs gathered to discuss the benefits of crowdfunding in Asia.  Over 300 individuals attended the two day “Crowdfunding Asia 2014” event that tackled both rewards and investment based crowdfunding.  Crowdfunding… Read More

StartEngine CEO Schedules Open Call to Push Title III, Retail Crowdfunding Forward

Ron Miller

Following the example of the 28 members of Congress who forwarded a letter to the SEC urging them to publish the proposed rules on Title  III of the JOBS Act, some in the crowdfunding industry are taking action and looking to the crowd to join them. This Wednesday, August 20, 2014, StartEngine CEO Ron Miller,… Read More