CommonBond, a marketplace lending platform that lowers the cost of student loans for borrowers and provides financial returns to investors, today announced founder and CEO of Sanlaap North America, Sindhura Sarikonda, as the winner of the 2015 CommonBond Social Impact Award, which honors the nation’s top MBA… Read More
Students at the Wharton School of Management, one of the leading MBA programs in the world, and OurCrowd, a global equity crowdfunding platform, have formed a partnership to create a new, “social impact” investment channel. The agreement will see new investment opportunities listed on the… Read More
This study, authored by Ethan Mollick of Wharton and Ramana Nanda of Harvard Business School, has recently been making the rounds. Entitled; Wisdom or Madness? Comparing Crowds with Expert Evaluation in Funding the Arts, the polemic addresses the question of crowdwisdom or herd mentality. This has been a… Read More
Memo to all those who think the crowd isn’t sophisticated enough to make startup investments: Crowdfunding isn’t all that different from raising money from venture capitalists, a new study shows. A study by Ethan Mollick of the Wharton School of the University of Pennsylvania, brought to my attention by a… Read More
That is the question I asked myself a few month ago, while listening to Brian Meece, Founder and CEO of RocketHub, the third largest such platform in the US, who was speaking at a Startup Weekend event I co-organized in Orlando, Florida. Crowd funding or crowdfunding (alternately crowd financing, equity crowdfunding,… Read More
The campaign to front a movie based on the cult television show “Veronica Mars” through crowdfunding broke records for the fastest project ever to raise $1 million on Kickstarter. It was the website’s biggest film project so far, and it has the most backers of… Read More
CommonBond isn’t headquartered in Philadelphia, but much of the MBA crowdfunding platform’s impact has been right here in our city. Based in Brooklyn and cofounded by Wharton MBA alums Michael Taormina and David Klein, CommonBond connects alumni investors with students who need MBA loans. Students pay a lower, fixed… Read More
SeedInvest co-founders Ryan Feit and James Han always knew they wanted to start a business, even as they both found themselves working in New York private equity firms. That entrepreneurial drive took them back to Wharton to pursue their MBAs. While at Wharton, Feit read… Read More
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