General News

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

February 18, 2014 @ 11:46 am By Charles Luzar  |  

angelMD shared this video with us featuring Counselor@Law blogger Bill Carleton. In the clip, Carleton explains Rule 506(c) and general solicitation. It’s a good overview of changes brought on by Title II of the JOBS Act. In particular, Carleton does a great job of laying… Read More

February 18, 2014 @ 11:32 am By Charles Luzar  |  

Today in VentureBeat, GamesBeat writer and beloved game industry prognosticator Dean Takahashi lays out the findings of a survey handed out to the 2,600 attendees of the 2013 Game Developer Conference (GDC). The survey comes from UBM Tech Game Network, who organizes the GDC event. Of… Read More

February 18, 2014 @ 8:20 am By JD Alois  |  

Mangopay, a payment solution for crowdfunding platforms and other marketplaces has announced they have begun supporting seven currencies in addition to the Euro including: British Pound US Dollar Polish Zloty Norwegian Krone Swedish Krone Danish Krone Swiss Franc The Canadian dollar and Australian dollar will be… Read More

February 17, 2014 @ 11:58 am By Charles Luzar  |  

@konklone @xor @knowtheory it’s a complex situation that is fortunately new for us. We are working hard to respond, with hopefully more soon — Fred Benenson (@fredbenenson) February 17, 2014 Kickstarter engineer Fred Benenson was vocal on this Hacker News thread about revelations that Kickstarter… Read More

February 17, 2014 @ 11:18 am By Charles Luzar  |  

If we were tallying states up today, Kansas, Georgia, Michigan and Wisconsin have made equity crowdfunding legal and are in some stage of implementation. Alabama, Washington, Maine and North Carolina are all considering exemptions. Of course, that may change tomorrow. Amidst all the hoopla about a… Read More

February 16, 2014 @ 9:27 pm By JD Alois  |  

#CoolRunnings2: The Jamaican Bobsled team that crowdfunded their way to the Olympics in Sochi did their qualifying rounds today and unfortunately did not make the final cut ending up in 30th place.  Only the top 20 advanced to the final and unfortunately it was not… Read More

February 15, 2014 @ 4:49 pm By JD Alois  |  

Company Claims No Credit Card Information Has Been Stolen. In a note to users of the crowdfunding platform Kickstarter, CEO Yancy Strickler announced that unauthorized access to customer data had occurred as hackers had compromised the Kickstarter platform. The information was said to have come… Read More

February 14, 2014 @ 7:15 am By JD Alois  |  

Crowdfunding on Kickstarter, Moment “Amazing Lenses for Mobile Photography” closed earlier today having raised $451,868 from 4722 backers.  This is 9 times the initial goal of raising $50,000 to fund the lenses for your mobile phone camera.  The campaign rocketed out of the gate doubling… Read More

February 12, 2014 @ 9:05 pm By JD Alois  |  

Somolend, a high profile crowdfunding startup, has settled with the State of Ohio over allegations by the State the company had transgressed state securities laws.  The company was previously led by Candace Klein, who had become one of the leading champions for the fast growing… Read More

February 12, 2014 @ 10:07 am By JD Alois  |  

Presented by the Ewing Marion Kauffman Foundation, at 12 noon today, February 12, 2014, there will be a live stream broadcast of a presentation at the National Press Club.  Titled “America’s New Entrepreneurial Growth Agenda”, Kauffman Foundation President and CEO Tom McDonnell will outline key… Read More

February 11, 2014 @ 1:25 pm By Charles Luzar  |  

TechCrunch has an awards series every year called the Crunchies, and Kickstarter just won the biggest Crunchie of them all. Kickstarter is TechCrunch’s “Best Overall Startup” for 2013. Kickstarter wasn’t the only winner from the wonderful world of crowdfunding in 2013. Oculus VR took home… Read More

February 11, 2014 @ 9:17 am By Georgia Quinn  |  

While the commenting period officially ended this past week, letters with recommendations on Title III crowdfunding or Regulation CF continue to be posted on the SEC web site.  The letter from global law firm Seyfarth Shaw was posted yesterday   The approach is simple, limit it… Read More

February 11, 2014 @ 7:27 am By JD Alois  |  

Fuel 3D Raised Over $325,000 Crowdfunding on Kickstarter.  Will Announce Further Funding. Fuel 3D continues to march towards production with first round devices scheduled to ship this April.  The developer of 3D scanning solutions, has announced its plans to impress the audience as the company prepares to exhibit… Read More

February 10, 2014 @ 10:21 pm By JD Alois  |  

LAUNCH Festival was started only a few years ago by Jason Calacanis but it has become one of the biggest startup events of its kind.  The concept was actually started as the TechCrunch50 conference when Calacanis and Michael Arrington decided to partner up back in… Read More

February 9, 2014 @ 6:47 am By JD Alois  |  

Securities and Exchange Commission (SEC) Chair Mary Jo White testified before the Senate Banking, Housing & Urban Affairs Committee this past week.  In her prepared comments, entitled “Oversight of Financial Stability and Data Security“, she addressed a litany of challenges and initiatives presently being addressed… Read More