General News

April 13, 2013 @ 2:09 am By Asian Correspondent  |  

A sub-category in film genre by format, shorts were never unheard-of in Mainland China. However, it was not until late 2010 that they suddenly gained millions of Chinese fans. The watershed film is Old Boys, a 42-minute short about unfulfilled dreams and aspirations as people grow old… Read More

April 13, 2013 @ 1:59 am By Forbes  |  

Research firm Massolution released last Monday a crowdfunding industry report based on its research into 582 firms. 2013CF The Crowdfunding Industry Report  estimates that crowdfunding sites globally will reach close to $5.1 billion in transactions for 2013, twice the $2.7 billion total for 2012.  That… Read More

April 12, 2013 @ 1:00 am By Charles Luzar  |  

A big part of the crowdfunding narrative has been centered around the concept of concious capitalism and an increased awareness of the complex relationship between industry and society. Through crowdfunding, backers and investors have an opportunity to vote with their wallets and reward those companies that consider… Read More

April 11, 2013 @ 9:43 pm By JD Alois  |  

In new research report, “Capital Reformation: Alternative Financing and the Fate of Intermediaries,” TABB Group examines the emerging business models that are enabling smaller investors to provide short- and long-term funding for small- and mid-sized enterprises (SMEs) that account for over 99% of the companies… Read More

April 11, 2013 @ 9:15 am By Word & Film  |  

In the age of Twitter and online streaming content, the endurance of a treasured comic strip (from something as archaic as a newspaper) especially among the Facebook generation, might be a bit puzzling and unexpected. It’s also the subject of the new documentary “Dear Mr. Watterson,” which… Read More

April 10, 2013 @ 7:00 am By Charles Luzar  |  

Monday’s conference on crowdfunding fraud and regulation in Washington, DC was an event I had been looking forward to for some time. It didn’t disappoint. Organized by Virginia-based CrowdCheck, the speaking roster of this conference was distinctly and obviously set up to put all sides… Read More

April 9, 2013 @ 4:13 pm By NBC Chicago  |  

Kickstarter-mania has officially come to the City of Chicago. World Business Chicago and the mayor’s office has announced Tuesday morning they plan to team up to form Seed Chicago, “Chicago’s first curated Kickstarter page which will use crowdfunding to grow businesses and create jobs in… Read More

April 9, 2013 @ 4:25 am By Gamasutra  |  

It was a small story we ran just before GDC that kind of flew under the radar, so you’d all be forgiven (minus Kris, who authored the thing) for missing that a game just got funded through equity crowdfunding. That is to say, rather than through… Read More

April 8, 2013 @ 10:42 pm By JD Alois  |  

Shroud of the Avatar: Forsaken Virtues, has surpassed their stated $1 Million goal on Kickstarter by raising just shy of $2 Million via support from over 22,000 backers.  This comes soon after the most money raised by a video game was announced as Torment: Tides of… Read More

April 8, 2013 @ 9:30 pm By BostonGlobe  |  

When Gary Sohmers launched his 30-day Kickstarter campaign, he was optimistic about raising the $22,000 needed to fund his creation: video technology that lets a fan witness a celebrity sign a personalized autograph. But in late March, with 41 hours left and only $830 raised,… Read More

April 8, 2013 @ 10:08 am By Reuters  |  

* More than half of funds raised through U.S. websites * Predicts total volume will reach $5.1 billion in 2013 Crowdfunding websites helped companies and individuals worldwide raise $2.7 billion from members of the public in 2012, an 81 percent increase on the previous year,… Read More

April 8, 2013 @ 7:36 am By JD Alois  |  

Crowdfunding site Fundly , and Indiana University’s “Little 500”, the country’s largest collegiate bike race, have teamed up to launch the first-ever crowdfunding campaign in the 63-year old annual fundraising event’s history. Modeled after the Indianapolis 500, Little 500 cyclists compete in four-person teams around a quarter-mile cinder… Read More

April 8, 2013 @ 7:30 am By Terra  |  

The crowdfunding industry is frustrated that the Securities and Exchange Commission has not yet finalized rules that will potentially turbocharge the industry. But it is also cautiously optimistic that there will be movement this year. The SEC is expected to finalize and implement rules on… Read More

April 8, 2013 @ 3:36 am By Washington Post  |  

The growing popularity of crowdfunding has created a new fundraising mechanism for women and minority entrepreneurs, groups that have at times felt ostracized by the more traditional ways of raising money to start or grow a business. Several initiatives are taking shape here in Washington…. Read More

April 7, 2013 @ 6:02 pm By JD Alois  |  

Congressman Patrick McHenry releases video for the one year anniversary of the Jobs Act being signed into law. Congressman McHenry specifically comments on crowdfunding urging the Securities and Exchange Commission to move forward with the delayed crowdfunding regulations.  The Congressman points out that President Obama… Read More

April 7, 2013 @ 4:42 pm By Time.com  |  

The first reviews of Ouya’s $100 game console are in, and they’re pretty ugly. Here’s David Pierce at The Verge: For $99, everyone who backed Ouya’s Kickstarter has unwittingly signed up to beta-test a game console. Alpha-test, even: this is a product with some good ideas… Read More

April 7, 2013 @ 12:21 pm By Charles Luzar  |  

On the anniversary of the JOBS Act, Woodie Neiss of Crowdfund Capital Advisors and University of Mississippi Law Professor Mercer Bullard discuss investment crowdfunding, investor protection and fraud. It is an interesting microcosm of the arguments being made from both sides of the crowdfunding debate…. Read More

April 6, 2013 @ 7:50 am By CleanTechnica  |  

Pollinate Energy — a Sydney and Bangalore-based social enterprise NGO dedicated to using renewable resources to eradicate energy poverty in India -– has joined forces with ChipIn, a new Australian website designed to raise funds for Australian non-profits, to launch a new clean energy crowdfunding campaign. The… Read More

April 6, 2013 @ 5:32 am By JD Alois  |  

Two weeks after its successful launch, Crowd Supply has announced an innovative early payment policy for project creators. Crowd Supply, which launched on March 20 and saw over $40,000 worth of project backing in its first week, will release backer funding to project creators as… Read More

April 6, 2013 @ 3:15 am By JD Alois  |  

A leading organization that represents entrepreneurs and small business owners expressed frustration with the dawdling pace of Jumpstart Our Business Start Up Act  (JOBS Act) implementation by the Securities and Exchange Commission (SEC).  The JOBS Act was signed by President Barack Obama one year ago… Read More