General News

April 2, 2014 @ 3:53 pm By JD Alois  |  

Former Wall Street analyst Whitney Johnson has joined the Launch Angels Investment Committee team for its Women-Led and Early Traction Funds. As co-founder and former president of Clayton Christensen’s investment firm Rose Park Advisors, Johnson brings Launch Angels her insights into disruptive innovation and start-up… Read More

April 2, 2014 @ 3:47 pm By JD Alois  |  

WealthForge Holdings, a Richmond, Virginia based firm focused on servicing the new private equity investments and crowdfunding markets, today announced that it has closed its series A fundraising efforts during which it raised $2.5 million. New Richmond Ventures, a Richmond-based investment firm, and SenaHill Partners,… Read More

April 2, 2014 @ 2:11 pm By JD Alois  |  

State Securities Commissioner Commends Lawmakers on Getting Bill Passed. The Alabama House of Representatives passed Senate Bill 44 yesterday, April 1, 2014, and it now awaits the Governor’s signature to become law. State Senator Arthur Orr (R), 3rd District, sponsored the bill and with the… Read More

April 2, 2014 @ 8:00 am By JD Alois  |  

Governor Mike Pence has signed into law, Senate Bill 375, the state exemption to allow investment crowdfunding for companies and investors located in the state of Indiana.  The law becomes effective on July 1, 2014. A vital part of the Governor’s legislative agenda, the bill… Read More

April 1, 2014 @ 9:30 pm By JD Alois  |  

Governor Jay Inslee signed HB2023 last week, on March 28, 2014, making equity crowdfunding legal in the state of Washington.  This bill will allow businesses created in the state and doing business there to raise up to $1,000,000 in any 12 month period.  Any investor… Read More

April 1, 2014 @ 4:44 pm By JD Alois  |  

With only a few days left before their 2nd annual event commences in Singapore, Crowdsourcing Week – CSW Global 2014 – is putting the finishing touches on their gathering  where crowdsourcing and the crowd economy come together.  The event will take place from April 7th… Read More

April 1, 2014 @ 4:26 pm By JD Alois  |  

The Alternative Funding Network is preparing to release data on the crowdfunding industry.  Some initial data points have been released prior to complete launch, including: 91% of equity investors and 82% of debt investors expect to increase their investment funds via a platform in the… Read More

April 1, 2014 @ 10:53 am By Charles Luzar  |  

How big is the crowdfunding market expected to be in 2014? How much of the crowdfunding market is made up of equity-based funding? How many jobs does crowdfunding create? Equity crowdfunding platform OurCrowd released the following infographic that aims to answer these questions and more…. Read More

March 31, 2014 @ 10:47 pm By JD Alois  |  

The second annual Silicon Valley Crowdfunding Conference  will take place later this week in Palo Alto, California.  Crowdfunding advocates will gather to discuss the state of the industry and also recognize the anniversary of the signing on the JOBS Act two years ago – legislation… Read More

March 31, 2014 @ 8:00 am By Georgia Quinn  |  

Fresh from my trip across the pond, I can tell you I have seen the light. Crowdfunding can and is working and we (the United States) are behind the eight ball on this one. When describing the US regulatory regime to crowdfunding professionals in the… Read More

March 31, 2014 @ 8:00 am By JD Alois  |  

Real estate crowdfunding platform RealCrowd has received an additional $1.6 million in seed funding to aid in the growth of the young company.  The  San Francisco based startup  received the investment from multiple investors including: Data Collective, Garry Tan, Alexis Ohanian, Paul Bucheit and several… Read More

March 30, 2014 @ 8:47 pm By JD Alois  |  

BiteMyApple.co is a unique e-commerce site.  Basically they take all of the super cool products for   Apple (Mac, iPad, iPhone, iPad) and bundle them all together on a single e-commerce platform and offer them up to the faithful following.  In a release posted on… Read More

March 30, 2014 @ 3:40 pm By JD Alois  |  

Abe’s Market, an all natural online retailer, raised funding on OurCrowd back in early 2013.  At that time they were doing a $5 million funding round with a portion of that via crowdfunding.  Recently they raised another $10 million as they size up to compete… Read More

March 29, 2014 @ 8:48 am By JD Alois  |  

A new crowdfunding platform is preparing to launch and they have ambitious plans.  Xeelion is a crowdfunding site only for US students.  Apparently you will need an @university.edu to even start a campaign.  While there are great entrepreneurial communities within the universities, young entrepreneurs typically… Read More

March 28, 2014 @ 1:39 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has called upon the Securities and Exchange Commission (SEC) to make substantial revisions to its Regulation A proposed rule.  The NASAA has requested these changes be made “to remove potential harms to issuers and investors, especially those of… Read More

March 28, 2014 @ 1:02 pm By JD Alois  |  

The Director, Division of Corporation Finance at the Securities and Exchange Commission, Keith Higgins, gave the keynote address at the Angel Capital Association Summit in Washington, DC today. Higgins, who has been in the thick of rulemaking with the JOBS Act and correspondingly all types of… Read More

March 28, 2014 @ 9:58 am By Charles Luzar  |  

It seems everyone has an opinion on Facebook’s acquisition of Oculus VR and what it means for crowdfunding. That was the topic of conversation on Bloomberg Television’s “Market Makers.” Yesterday the program hosted New York University Stern School of Business Professor Anindya Ghose and a… Read More

March 28, 2014 @ 8:07 am By JD Alois  |  

Kiva has announced their newest partnership – Kiva City Pittsburgh.  This is an initiative that brings crowdfunded microloans to small business owners and entrepreneurs to the Pittsburgh area.  This is similar to other city partnerships that Kiva has initiated over the past several years..  Kiva… Read More

March 27, 2014 @ 2:48 pm By JD Alois  |  

  Crowdfunding Festival Helps to Put Florida City on the Startup Map In a release from the city of Jacksonville, the northern Florida community has noted they have captured some entrepreneurial recognition.  A recent article in CNNMoney states the city is engendering a reputation as… Read More

March 27, 2014 @ 12:10 pm By JD Alois  |  

In sifting through the various public comments on the European crowdfunding consultation that was just released it was interesting to see an unsigned comment letter from NASDAQ OMX. NASDAQ OMX is a trading / exchange platform that operates across six different continents and today powers… Read More