General News

February 27, 2014 @ 4:55 pm By Kiran Lingam  |  

There has been a lot of uproar about new rules requiring additional steps to verify accredited investor status (i.e. checking tax returns) as a condition to using the new 506(c) rules permitting general solicitation. The real problem here is that the definition of accredited investor is out of… Read More

February 27, 2014 @ 8:25 am By JD Alois  |  

Crowdcube Has Raised £20 Million, Invigorating British business. Worlds first equity crowdfunding platform Crowdcube, is celebrating their third birthday this month. Since their launch in February 2011, the company has raised over £19.9 million for 103 start-ups as well as small and growing businesses. These companies… Read More

February 27, 2014 @ 7:01 am By Kim Wales  |  

Now that we have seen what real turbulence is with the financial crisis of 2008, fear and panic are drivers of economic behavior. Strengthening the financial markets for America’s small businesses and closing the wealth gap amongst the crowd is a must. Now is not… Read More

February 26, 2014 @ 10:05 am By Charles Luzar  |  

“MtGox is gone. So let’s prepare ourselves.” That is the first statement made in an article that ran yesterday in Business Insider entitled “I Have $285,000 Stuck On Mt. Gox.” Mt. Gox was once the de facto Bitcoin exchange, the first stop for those just getting into… Read More

February 26, 2014 @ 8:33 am By JD Alois  |  

Crowdfunding portal truCrowd, has partnered with Electronic Verification Systems (EVS) to help improve their overall identity verification process for their investors and issuers. IdentiFraud Consumer will help ensure users are who they claim to be through identity verification and KBA. truCrowd will also use the EVS… Read More

February 25, 2014 @ 6:21 am By Lionel Slusny  |  

The European Cloud Industry in France Supports Crowdfunding. In recent document presented to the French Minister’s cabinet of Small and Medium Enterprises, Innovation, and the Digital Economy, the European Cloud industry representation in France makes a push for Crowdfunding. This call particularly applies for the web entrepreneur… Read More

February 24, 2014 @ 5:23 pm By JD Alois  |  

With the support of Workspace Group, Buzzacott and the GLE group, Knowledge Peers will be launching the second phase of their research on crowdfunding. The market place for SME funding is increasingly inefficient. Funders struggle to find the “right” SMEs to finance, and SMEs struggle to… Read More

February 24, 2014 @ 1:58 pm By JD Alois  |  

 Ice House, a global design and development firm today announced its official North American debut and its partnership with LAUNCH Festival (San Francisco, Feb 24-26) in the $50,000 ‘You Dream It, We Build It’ competition.  Ice House is the global design and development services specialist in applied mobile… Read More

February 24, 2014 @ 10:07 am By Charles Luzar  |  

Paul Graham will take a step back from famed Silicon Valley tech accelerator Y Combinator to focus on his writing, although he will still consult startups. Over nine years at Y Combinator, Graham has built the organization into one of the most desirable entrepreneurial experiences… Read More

February 24, 2014 @ 9:25 am By JD Alois  |  

The Equity Crowdfunding Alliance of Canada (ECFA Canada) is expected to make a formal announcement this coming Friday, February 28, 2014 regarding the formation of their group that will advocate on behalf of investment crowdfunding in Canada. ECFA Canada will be the voice of all… Read More

February 24, 2014 @ 7:00 am By Samuel S. Guzik, The Crowdfunding Counselor  |  

Crowdfunding May Require JOBS Act 2.0. It started out as a noble idea. If only crowdfunding could go to the next level – from a paradigm where a multitude of individuals could join together – courtesy of the Internet – and fund a worthwhile social… Read More

February 23, 2014 @ 8:30 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has posted a comment letter regarding proposed rule amendments regarding Regulation A+ on the Securities and Exchange Commission’s web site.  The NASAA is self described as an investor protection association with their members consisting of securities administrators from… Read More

February 21, 2014 @ 12:22 pm By JD Alois  |  

Crowdfunding Program Helps Alleviate the Cost of Fertility Treatments. Glow, a data science company that focuses on women’s reproductive health and education, is launching Glow for Enterprise – a program looking to redefine the standard for employee health benefits. In competitive hiring markets, companies are… Read More

February 21, 2014 @ 11:47 am By JD Alois  |  

MicroVentures, an investment crowdfunding platform, is announcing the debut of a new mobile crowdfunding app at this year’s LAUNCH Conference in San Francisco. The new MicroVentures app will allow conference attendees indicate interest to invest in the very startups that are presenting at the conference,… Read More

February 20, 2014 @ 11:01 pm By JD Alois  |  

Prodigy Network, one of the first crowdfunding for real estate platforms, has announced the launch of “Prodigy Design Lab”, the very first crowdsourcing platform dedicated to real estate, architecture, interiors, and urban planning. The first competition hosted on this new platform is for the design of the… Read More

February 20, 2014 @ 12:11 pm By JD Alois  |  

Joshua Lucas Bernier, a 20 something blogger from Montreal, has launched a crowdfunding campaign on GoFundMe where he wants to raise $75,000 to purchase a Ferrari 360.  As a reward to anyone willing to help pay the way and help Josh purchase this super car… Read More

February 20, 2014 @ 11:38 am By Charles Luzar  |  

Back on February 11th, Lending Club posted an article to the company’s blog discussing online scams. The post is entitled “How to Protect Yourself from Online Scams and Swindles.” In it, Lending Club points out that there are individuals out there using the Lending Club… Read More

February 20, 2014 @ 10:53 am By Charles Luzar  |  

Fast Company editorial director Jill Bernstein will be holding a live Q&A today discussing how to “harness the power of the crowd to make something positive happen.” The session starts at noon EST. The session features Charles Best, Founder and CEO of DonorsChoose.org (pictured, right). DonorsChoose… Read More

February 20, 2014 @ 8:13 am By JD Alois  |  

Reports That Apple Has Purchased Sapphire Crystal Capacity. Canonical, the company behind Ubuntu,  has announced they have signed agreements to ship Ubuntu phones globally this year.  To manufacturers, Spanish based bq and China based Meizu, will be the first companies bringing these new Ubuntu based… Read More

February 19, 2014 @ 9:21 am By Charles Luzar  |  

DonorsChoose is quickly gaining steam in the crowdfunding space. FastCompany just named DonorsChoose to their list of the most innovative companies in 2014, and it wasn’t buried toward the bottom either. It made the top ten alongside the likes of Google and Nike. Now Huffington… Read More