General News

November 13, 2013 @ 11:16 am By Charles Luzar  |  

A recent question on Quora asked respondents what they “hate most about equity-based crowdfunding?” The incindiary question produced some really interesting responses, not the least of which was the most-upvoted response by Gil Silberman. Silberman is a San Francisco-based startup lawyer. His response is as… Read More

November 13, 2013 @ 10:44 am By Charles Luzar  |  

The Kingom Trust Co., NowStreet and Prosper Marketplace are teaming on a webinar scheduled for 1 PM Eastern this afternoon. The focus of the webinar: P2P lending as a method of investing from tax-free retirement accounts. With high volatility and low interest rates driving retail… Read More

November 13, 2013 @ 8:46 am By JD Alois  |  

Medical “tri-corder” device Scanadu raised $1,664,574 on Indiegogo this past July.  Their goal of raising $100,00 was crushed as 8523 backers rushed to support the medical device and their crowdfunding campaign.  Scanadu was Indigogo’s highest grossing campaign at that time. Now with a proven success… Read More

November 12, 2013 @ 7:59 am By JD Alois  |  

Omega sees opportunity to create a crowdfunding platform built to drive in additional revenue for this broker dealer.  Publicly traded Omega Commercial Finance Corporation, has signed a Letter of Intent with a New York based registered broker dealer acquisition candidate. This full-service broker dealer is a… Read More

November 11, 2013 @ 12:05 pm By Charles Luzar  |  

PCMag | Can Crowdfunding Give the Private Space Race a Boost? PCMag takes a look at the private space race in the context of a company called the LiftPort Group. LiftPort raised over $110,000 on Kickstarter to build a prototype with an eye toward building… Read More

November 11, 2013 @ 10:32 am By Charles Luzar  |  

Game developers crowdfunding their latest title should take note of an effort on the part of Reddit user Revisor007, who has been creating a weekly crowdfunding roundup every week for a few months now in /r/Games and /r/CrowdfundedGames. It could provide a nice opportunity for… Read More

November 10, 2013 @ 1:10 pm By Charles Luzar  |  

The New York Times | Robert Rhinehart: Dreaming of the Skies and Traveling Light Rob Rhinehart is the Y Combinator-backed founder behind Soylent, a meal replacement drink that famously crowdfunded on Crowdhoster. This piece in The New York Times frames Rhinehart as an ardent minimalist, which forms… Read More

November 9, 2013 @ 10:37 am By JD Alois  |  

Indiegogo recently hosted a Hardware Bootcamp for crowdfunders looking to raise funds for their manufactured product.  Production and operations management is really, really hard.  Even if you have a solid background in operations and tons of experience organizing a supply chain it is a lot… Read More

November 8, 2013 @ 8:12 am By JD Alois  |  

Organized by  Loft Solutions, European Business Angel Network (EBAN) and the European Crowdfunding Network (ECN) , La finance participative or “crowdfunding” will be discussed by industry authorities at an event to be held at the Intercontinental, Paris on November 19th.  The gathering is specifically to… Read More

November 7, 2013 @ 7:46 pm By JD Alois  |  

In a speech given to the FIA Futures and Options Expo in Chicago, SEC Commissioner Daniel M. Gallagher made some interesting comments regarding a “the need for a fundamental, holistic review of equity market structure. And I’d like to focus on the specific issue of… Read More

November 7, 2013 @ 6:37 pm By JD Alois  |  

Prodigy Network, Korman Communities and Shorewood Real Estate Group in $40 Million Redevelopment of 84 William Street in Lower Manhattan. A joint venture between Korman Communities, Shorewood Real Estate Group LLC and Prodigy Network has announced the acquisition of 84 William Street. “AKA Wall Street” will… Read More

November 6, 2013 @ 3:11 pm By JD Alois  |  

Law firm Dorsey & Whitney is sponsoring an event in Palo Alto titled Ether Dollars: A Tale of Four Sites.  The gathering is organized by the VC Taskforce, a group that seeks to address issues and concerns of the Venture Capitalist community.  The event is… Read More

November 6, 2013 @ 11:01 am By JD Alois  |  

$8.4 billion in total assets under custody, assets under custody for private funds topped $2 billion, an increase of approximately $1 billion within the last 12 months. Since launching the Private Fund Custody service in 2010, Millennium Trust has leveraged its 10+ years of expertise in alternative asset custody… Read More

November 5, 2013 @ 9:43 am By JD Alois  |  

Republic Project  acquired by Digital Generation for $14.5 million, becoming the first equity crowdfunded company to exit in the US Equity crowdfunding platform MicroVentures  announced the successful acquisition of a crowdfunded company with the news that Digital Generation (DG), a publicly traded company, purchased Republic Project, a… Read More

November 5, 2013 @ 9:15 am By Charles Luzar  |  

Forbes | Sony And Intel, Shaping The Next Generation Of Hardware “Something is happening in hardware.” This article explores the revolution happening in the hardware space among big players like Intel and Motorola. These companies are becoming more open and allowing more collaboration into their… Read More

November 4, 2013 @ 9:20 am By Charles Luzar  |  

The links in today’s roundup are kind of gloomy, but they do include some interesting and arguably valid concerns about crowdfunding moving forward. Do you think any or all of these concerns are valid? Let us know in the comments. PostCrescent.com | Crowdfunding trend gets… Read More

November 4, 2013 @ 7:45 am By David Drake  |  

Douglas Ellenoff of EGS, LLP, on the Making of the New Crowdfunding Law By David Drake The JOBS (Jumpstart Our Business Startups) Act signed by President Obama on April 5, 2012, had six underlying bills and Title III is about crowdfunding. The Crowdfunding Bill was… Read More

November 3, 2013 @ 4:00 pm By JD Alois  |  

Corporate Attorney T. Hale Boggs, a partner at well respected law firm Manatt, founded their Palo Alto office in 1998.  He also helped establish the San Francisco office.  He has had the unique opportunity to work with a very diverse clientele in the Silicon Valley… Read More

November 3, 2013 @ 12:00 pm By JD Alois  |  

Representative David Schweikert,  a Republican from Arizona, has issued the following statement on the House floor today expressing disappointment with the U.S. Securities & Exchange Commission’s (SEC) proposed rules to implement the bi-partisan Crowdfunding provisions of the Jump Start Our Business Startups or JOBS Act which… Read More

November 3, 2013 @ 10:59 am By Klaus-Martin Meyer  |  

BankToTheFuture, an equity crowdfunding platform based in the United Kingdom, recently announced they intend on becoming an Investment Bank – and they are crowdfunding themselves to achieve this goal.  Presently they are attempting to raise £2 Million on their platform.  As of today they have… Read More