Tagged: anti

Kickstarter Isn’t The Problem With Kickstarter

Recently, the act of donating to or promoting a Kickstarter campaign has become a highly politicized and moralized one for movie fans, an act brimming with questions, crises, and conundrums about systemic economic disadvantages normalized by dominant industries of filmmaking. Suspicion has been directed in droves toward… Read More

The promise and risks of the crowd

(We) find it impressive that three Philly 50 companies – which tend to be large, established companies – went public in 2012. Epam Systems Inc., Five Below Inc., and Globus Medical Inc. are fairly young companies that spent years preparing for Wall Street-underwritten initial public… Read More

What Investment Crowdfunding May Do For Sites Like Kickstarter

Zach Braff has raised more than $2 million on Kickstarter. Veronica Mars netted over $5.7 million. These two campaigns have gone a long way in sparking a debate on whether campaigns such as these align with the core mission of rewards-based crowdfunding, and in particular… Read More

Startups, Kickstarter, and the Price of Bullshit (That You Paid For!)

Last year, I wrote a pretty controversial piece about Matter, a long-form science journalism web site with little inkling of a business model that managed to raise $140,000 on Kickstarter from 2,566 people who apparently have far bigger hearts and more optimism about the future of journalism than I do…. Read More

Windfall or bust? Crowdfunding may not turn out to be boon that many small businesses expect

Small businesses looking for a windfall of investor money from crowdfunding may find that it’s more of a bust. President Barack Obama and members of Congress have touted a law that makes crowdfunding, a method of soliciting money over the Internet, as a way for… Read More

Investors Lose In Crowdfunding

… It seems that the only investor protection discussed in these letters is that investors’ money will pass through to an escrow account and that the site can’t withdraw deposited funds. Investors will have to trust these companies that have little mechanisms to make money will… Read More

The Trouble With Crowdfunding

It’s about one year since President Obama signed the Jumpstart Our Business Startups Act (the JOBS Act), designed to help new companies raise capital and go public. For individual investors the most troublesome provisions of the law relate to crowdfunding–a term not defined in the… Read More

The Trouble With Crowdfunding

The SEC has not yet released crowdfunding rules for public comment, but many folks aren’t waiting for that. At last count there were nearly 200 public comment letters and staff meetings about the subject on record with the Securities and Exchange Commission. That’s the highest… Read More

Why I broke up with Kickstarter

This is a guest post by designer Jim Clark  When I first found out about Kickstarter, I thought it was a great idea. I’ve been making things all my life. As the owner of a visual effects and imaging studio, designing, rendering and visually developing creations is… Read More

Kickstarter Needs to be Kickstarted

Thousands of new companies and entrepreneurs are funded by this legendary website; and Kickstarter has become pretty much a household word these days, in fact “…since their launch in 2009, more than 3.7 million people have pledged over $554 million, funding more than 38,000 creativeprojects.” I’m… Read More

Jobs Act falls short of grand promises

When lawmakers unveiled the carefully named Jobs Act a year ago, backers expected it to get caught up in the typical grind of Capitol Hill: vigorous debate followed by a long wait for a vote that might never happen. Instead, the legislation sailed through —… Read More

Why Steve Rattner is Wrong on Crowdfunding

  Steve Rattner, former Obama “Car Czar” and prominent financier, recently wrote an article in the New York Times denouncing the JOBS Act as, “a hodgepodge of provisions that together constitute the greatest loosening of securities regulation in modern history,” saving his most scathing criticism for the legalization of equity… Read More

The Canadian Foundation for Advancement of Investor Rights (FAIR) Opposes Equity Crowdfunding

The Canadian Foundation for Advancement of Investor Rights (FAIR) has submitted comments to the OSC on its exempt market review, opposing the proposed equity crowdfunding exemption and offering memorandum exemption concepts. Crowdfunding and the OM exemption will undermine investor protection, make markets less efficient, undermine investor… Read More

Investment Crowdfunding is A Ghetto Stock Market

It’s insane that the world is buying into the joke known as “Crowdfunding.”  Everyone and their mother is predicting that it’s the next miracle in the making.  But, let’s be honest with ourselves.  Crowdfunding is neither new, nor innovative.  Most importantly, it doesn’t make sense. There are two… Read More

NASAA Outlines Legislative Agenda Including Crowdfunding

During a news conference at the National Press Club, the North American Securities Administrators Association (NASAA) President and Arkansas Securities Commissioner Heath Abshure and Steve Irwin, NASAA President-elect and Pennsylvania Banking and Securities Commissioner, also outlined five specific areas in which they will seek Congressional… Read More

Opinion: Here We Go Again, Another Round of Crowdfunding Fearmongering

In an opinion piece on the pages of NYTimes, journalist / banker and former Obama Administration “Car Czar” attacks legislation promoted by his former boss:  The Jobs Act of 2012.  Titled a “Sneaky Way to Deregulation, Ratner goes directly after one of the most significant… Read More

Crowdfunding: The New Vancouver Stock Exchange?

You only have to wait a few years before the “new fad” in financing strategies appears. Some of these fads become legitimized and stick with us, becoming trends and others – well they’re fads… If you are in the Energy sector, this isn’t as big an… Read More

Recently Discovered: NASAA Advisory on Crowdfunding

File this under recently discovered.  The North American Securities Administrators Association (NASAA) has published a document inquiring; Are You An Informed Investor?  Crowdfunding.  It would appear the NASAA is not a fan of the Jobs Act – at least certain segments of it. Certainly a benign… Read More

Crowdfunding: ‘Lord of the Flies’ for startup investors

During the crazy startup bubble times of the late-1990s, money was flowing into venture capital funds faster and at higher volumes than water flowing into Hurricane Sandy-ravaged subway stations in lower Manhattan. Professional venture capitalists rushed to invest billions of dollars taking substantial positions in… Read More

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