General News

Venture capital for startups hard to get

It’s suddenly a lot harder for venture capitalists and startups to raise funds, as investors fed up with low returns turn their backs on the sector. Most industry observers agree that lots of young firms will simply not be able to raise their next round of… Read More

The Louvre Turns to Crowdfunding to Buy a National Treasure

I first saw them in a newspaper ad: two figures, carved from ivory. Elongated. Delicate. Their hair, wavy. The folds of their gowns carved in refined detail. One, cradling a book. The other, blindfolded, head down. Both stunningly beautiful. The ad invites any reader to… Read More

Turning Tables on Taunters

Technological innovation means children are more digitally connected than ever before and, sadly, more exposed to cyberbullying. But technology does not need to make their life hell. For one creative dad, the internet has proven the catalyst for a tool to help youngsters deal with… Read More

Nakedwines.com strips out middleman

The founders of Nakedwines.com, a British online wine retailer that recently launched in Napa and Sonoma, say they have bad news for consumers. “When you spend $50 on a bottle of delicious Napa Cab, you are spending about $7 on wine and $43 on sales, marketing… Read More

Crowdfunding, the fiscal cliff and the future of biotech startups

Like Wile E. Coyote grasping an anvil and waiting for the ever-elusive roadrunner, biotech startups must have a sinking feeling while standing on the edge of the fiscal cliff. The federal budget “fix” — if it actually happens — would automatically slash the National Institutes… Read More

Citizinvestor: Tampa crowdfunding startup funds first project

Tampa-based crowdfunding startup Citizinvestor funded its first project last week and blind students in Boston now have the technology they need in school. Citizinvestor started late this summer on a mission to add an element to the crowdfunding landscape that was not being widely targeted… Read More

NowStreet Announces the Agenda for its, “Women Transforming Our Financial Markets Symposium”

NowStreet Media, leader in financial markets’ reform, is pleased to announce the agenda detailing its esteemed speakers, renown workshops and generous sponsors for its much anticipated “Women Transforming Our Financial Markets Symposium” being held on Tuesday, December 11th in New York City. New York, NY… Read More

Article Claims Crowdfunding Fraud but Where is the Crowd?

An article in Investment News today alleged a grave Crowdfunding misdeed tookplace in the form of fraud by a company called Prodigy Oil and Gas LLC.  As quoted in the article; Prodigy allegedly sold at least $464,000 in unregistered securities to one Massachusetts investor, according… Read More

German ‘The Office’ Gets $1.3 Million for Film Version

COLOGNE, Germany – The German version of BBC’s cringe comedy The Office will go where Ricky Gervais‘ clueless manager David Brent could never have imagined: onto the big screen. A feature film take on Stromberg, the German version of the fly-on-the-wall office sitcom created by… Read More

Candace Klein Wins WE Celebrate Award for “Best New Product or Service of the Year”

Award from the Cincinnati USA Regional Chamber recognizes Klein for her founding and growth of popular crowdfunding platform SoMoLend.com CINCINNATI—Candace Klein, Founder and CEO of SoMoLend (http://www.SoMoLend.com/), has won the WE Celebrate Award for Best New Product or Service of the Year from the Cincinnati… Read More

Kiva partners with TripAdvisor in £155k deal

Kiva has announced a partnership with TripAdvisor that will see the travel review site donate $250,000 (more than £155,000) to the microlending platform. The partnership has been hailed as the joining of crowdfunding and crowd sourcing by TripAdvisor, which provides travel advice based on thousands… Read More

New Path MD Launches Crowdfunding Campaign for New Obamacare Era MedLion Practice

Exton, PA — (SBWIRE) — 12/05/2012 — Dr. Marcus Williams, M.D. and his medical practice are about to take on the Obamacare era. “The Affordable Health Care Act will be in effect for at least the next four years,” said Dr. Williams. “So we at… Read More

Website names tied to crowdfunding spike: NASAA

(Reuters) – A spike in website names related to crowdfunding suggests an upcoming wave of websites through which small businesses and entrepreneurs could raise investments using the online strategy, state securities regulators said on Wednesday. The website names have soared to 8,800 from fewer than… Read More

4 Crowdfunding Mistakes for Social Entrepreneurs to Avoid

A few weeks ago, I ran into an entrepreneur who said, “I tried raising money on [a crowdfunding platform] but it didn’t work.” I’m sure he’s not the only one. Crowdfunding isn’t a magic well of money.  It’s just a new way to raise it…. Read More

General Counsel Mark Cahn to Leave SEC

Washington, D.C., Dec. 5, 2012 — The Securities and Exchange Commission today announced that General Counsel Mark D. Cahn will leave the agency at the end of the year to return to the private sector. Mr. Cahn has served as the SEC’s General Counsel since… Read More

Ridiculous: SEC Boss Refused To Move Forward On Required Crowdfunding Rules To Protect Her ‘Legacy’

Earlier this year, the JOBS Act passed Congress with widespread bipartisan support, and was signed into law by the President. There were a few different pieces involved, but one that got plenty of attention was the opening up of crowdfunding for equity (i.e., owning actual… Read More

Student group takes Facebook privacy gripes to court

An Austrian student group plans to go to court in a bid to make Facebook do more to protect the privacy of its 1 billion users. Campaign group europe-v-facebook, which has been lobbying for reforms at the US company for more than a year, said… Read More

Startup Valuation Calculator estimates and compares business valuation in minutes

EquityNet announced today the availability of their Startup Valuation Calculator, the second of their fast, free, and easy-to-use Crowdfunding Tools.  The interactive Startup Valuation Calculator complements EquityNet’s first free crowdfunding tool, the Startup Risk Calculator, which the company released earlier in Q4 2012. In the… Read More

Canada’s stingy Venture Capital scene is due for a crowdfunding shake-up

Canada wants startups. Each province begs entrepreneurs to launch tech companies on their soil through tax breaks, grants, mentorship programs, “incubators” and “accelerators.” What they can’t offer is capital. Canada doesn’t have a lot of venture capital firms, and the VCs we do have are known… Read More

Whole Earth Bakery Uses Crowdfunding to Stay Afloat

Peter Silvestri started Whole Earth Bakery with his mother back in 1978. Together they ran an all-vegan bakery and served sweet   and savory goods out of a storefront on Spring Street. “That was before Soho became ‘Soho,’” said Silvestri. After Hurricane Sandy, the loss… Read More

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