Tagged: california

April 8, 2016 @ 6:30 pm By JD Alois  |  

Reportedly the crowdfunding legislation for the state of California took another positive step forward this week. The Small Business California’s Crowdfunding bill (AB 2178) passed the Assembly Banking Committee on a vote of a 11 to 1. Next step is for the Assembly Judiciary Committee… Read More

March 14, 2016 @ 1:59 pm By Samantha Hurst  |  

And the legal woes just keep on coming for crowdfunding success Axanar. Back in December 2015, film giants Paramount and CBS slapped the project with an infringement lawsuit. The companies have viewed the film as a violation of their intellectual property and filed a lawsuit in California… Read More

February 29, 2016 @ 3:55 pm By JD Alois  |  

Embedded below is the most recent run at creating an intrastate crowdfunding exemption for the state of California. The bill (AB 2178) was introduced earlier this month by Assembly Member David Chiu, with principle coauthor Senator Ben Allen. Granted, the legislation has a long ways… Read More

February 19, 2016 @ 1:03 pm By Samantha Hurst  |  

Earlier this week, California startup Silk Labs launched a crowdfunding campaign on Kickstarter to raise $100,000 for its new smart home hub, Sense. According to the company, Sense may detect the user’s presence, recognize their voice and gestures, learn their preferences and choreograph their connected device… Read More

February 18, 2016 @ 5:54 pm By JD Alois  |  

California, a state that has an economy larger than most sovereign nations, has attempted several times to pass an intrastate crowdfunding law.  Somehow the legislative gods have shown disfavor on providing online access to capital for SMEs in the Golden State. Perhaps the 3rd time… Read More

February 15, 2016 @ 3:15 pm By Samantha Hurst  |  

Earlier this month, Indiegogo success, Stone Brewery Co., announced to its backers a new tentative brewing timeline. Back in 2014, the California-based brewery hit Indiegogo to raise $1 million for expansion of its amazing beer. During its run, the campaign secured$2,532,211 from 13,979 backers.  Stone Brewing… Read More

February 5, 2016 @ 11:08 am By Samantha Hurst  |  

Vision VR/AR Summit 2016, an inaugural industry event that is geared towards furthering the knowledge base of anyone developing VR or AR content, announced on Thursday its lineup of keynote speakers. Set to take place next Wednesday and Thursday  in Hollywood, CA, the Vision VR/AR… Read More

February 2, 2016 @ 12:59 pm By Samantha Hurst  |  

Last week, California-based food company, Back to the Roots, announced it has completed a seed financing round, totaling $5 million. The company revealed it will be leaving the round open for thirty days through a crowdfunding campaign on CircleUp, which has so far raised $3 million. Back to the Roots… Read More

February 2, 2016 @ 10:34 am By Samantha Hurst  |  

On Tuesday, commercial real estate crowdfunding platform, iFunding, announced it has completed preferred equity financing for the construction of an 118-unit multifamily building, Eviva Midtown, in the Midtown District of downtown Sacramento, CA. The total project cost is $41 million. According to the funding portal,… Read More

January 12, 2016 @ 11:30 am By Samantha Hurst  |  

On Tuesday, real estate crowdfunding platform DiversyFund announced its marketplace will be offering $120MM to fix and flippers for the acquisition and renovation of rest estate throughout California during the next twelve months. Founder and CEO of DiversyFund, Craig Cecilio, stated: “When you add the significant… Read More

December 28, 2015 @ 10:11 am By Samantha Hurst  |  

Showing some love for Oakland rapper, Kreayshawn, a devoted fan launched a GoFundMe initiative after she announced that she has been left with no money just days before Christmas. Kreayshawn, who is known for her hit song Gucci Gucci, took to her Twitter account to rant… Read More

December 15, 2015 @ 11:05 am By JD Alois  |  

The California Department of Business Oversight (DBO) has launched an inquiry into the Marketplace Lending (P2P) industry. DBO Commissioner Jan Lynn Owen was quick to caution they do want the industry to grow but want to “protect” consumers.  Owen stated; “These online lenders are filling a… Read More

December 7, 2015 @ 4:13 pm By Samantha Hurst  |  

Following the tragic shooting that took place in San Bernardino, California last week, the city’s mayor Carey Davis announced that a GoFundMe campaign has been launched for those involved in the devastating incident. The campaign’s description reads: “At 11:00 in the morning on December 2nd, two… Read More

December 1, 2015 @ 4:20 pm By Samantha Hurst  |  

Last month, online real estate investment marketplace, EQUITYMULTIPLE, announced its entrance into the debt space by offering investors the ability to participate in a predevelopment bridge loan secured by a development site in San Francisco, California. EQUITYMULTIPLE, which is offering investors an annual return of nine… Read More

November 4, 2015 @ 10:17 am By Samantha Hurst  |  

Last month ENDVEST, a global real estate crowdfunding platform, launched its highly anticipated and improved platform ENDVEST 2.0. According to CTO of ENDVEST, David Boyajian, the new website was “built with the investor experience in mind every step of the way.” He claimed that the… Read More

October 28, 2015 @ 4:35 pm By Samantha Hurst  |  

The burgeoning California real estate market has given rise to a variety of investment opportunities for both borrowers and investors. Seeking to lead the described “explosive” market is DiversyFund, a web-based crowdfunding platform in San Diego. Founded in 2014 by CEO Craig Cecilio, DiversyFund is hoping… Read More

October 22, 2015 @ 11:54 am By Samantha Hurst  |  

On Wednesday, California-based brewery Stone Brewing Company announced some exciting updates for its Indiegogo backers. Last year, the adult beverage company embarked on two new brewery projects that will bring their style of fresh, thoughtful, delicious, high-quality craft beers not only to the other side… Read More

October 16, 2015 @ 11:47 am By Samantha Hurst  |  

Earlier this week, San Diego entrepreneur Angelia Trinidad launched a fourth crowdfunding campaign on Kickstarter for her widely popular product, Passion Planner. The Passion Planner is described as a paper planner that is designed with your passions and personal goals in mind. It is noted to seamlessly balance… Read More

September 29, 2015 @ 3:41 pm By Samantha Hurst  |  

Lendio, an online marketplace platform for small business loans, announced on Tuesday that it continues to show signs of growth by funding over 500 small businesses in one month. In addition, business owners from all 50 states have now been funded through Lendio’s online loan marketplace. These… Read More

September 28, 2015 @ 1:04 pm By Samantha Hurst  |  

On Monday, real estate crowdfunding platform Fundrise announced it has partnered with Alta Verde Group to provide $1.5 million in financing for the development of a 14-unit luxury home development in Palm Springs, California – the company’s first project in the state. Alta Verde Group purchased the property… Read More