Crowdfundng at its surface seems like a gift for aspiring entrepreneurs and indie artists. The concept in general is that someone with an idea or project can receive pledges and funding from individuals in order to amass the necessary funds to go through with the project. The main example of crowdfunding is the popular Kickstarter,… Read More
Read more in: General News, Opinion | Tagged skeptic
In the wake of tight credit markets, crowdfunding — also known as crowdsourcing — arose as a source to provide capital to startups, especially the creative types. This new form of equity financing enables a company to raises funding through small contributions from a large group of individuals via an online platform. Essentially, an entrepreneur… Read More
Read more in: General News | Tagged skeptic
Crowdfunding has been hailed by creatives as an exciting new way to raise capital for self-generated projects, allowing entrepreneurs to crowdsource investment from friends, family and third-party investors. But some industry professionals are warning that crowdfunding is a legal disaster waiting to happen. During the dot-com bubble of the late-90s, hard-nosed investors piled in money… Read More
Read more in: General News, Global | Tagged kickstarter, skeptic, uk
In theory, crowdfunding appears to be a great way for people with good ideas to take advantage of the Internet. Throw your idea online and a slew of like-minded investors will give you money to bring your idea to fruition. Artists have been doing it successfully for a few years on Kickstarter to fund creative… Read More
Read more in: General News | Tagged legal, skeptic
“Regulation is essential. You can’t have a free market work if you don’t have regulation.” “The genius of America is the free enterprise system and freedom and the fact that people can go out there and start a business, work on an idea, make their own decisions” During the presidential debate, Mitt Romney and President… Read More
Read more in: General News, Politics | Tagged skeptic
A great number of UK music artists I admire now use crowd-funding platforms like PledgeMusic or Indiegogo to raise cash from fans, to fund albums, videos, or touring. It’s very quickly been normalised in the music industry, to the point that you’ll almost never hear a bad word spoken about these platforms. Unusually, they’re popular… Read More
Read more in: General News, Global | Tagged skeptic, uk
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