The recent presidential election in the United States was the most expensive race in history, with Mitt Romney and Barack Obama spending about $1 billion respectively on their efforts to win the White House. While both candidates raised hundreds of millions of...
Crowd Finance
Collaborative or decentralized models of finance and investing, including equity crowdfunding, reward crowdfunding, crowd currencies, peer-to-peer lending and peer-to-peer commerce.
Razoo Kicks Off Five “Giving Days” Across the U.S. to Raise $15 million for Local Charities
Razoo, the fastest growing crowdfunding platform for causes, announces its first-ever week of giving – a week of five of Razoo’s “Giving Days”. Giving Days are powerful 24-hour online fundraising competitions that unite communities around causes. “Apart from being a...
Kiva Launches Microlending in India
Kiva.org is now working in India. The microlending non-profit made the announcement yesterday in a press release. What's The Big Deal And why India? 32% of the population falls below the international poverty line. And 68% of the population is living on less than $2 a...
Will Crowdfunding Platforms Help Fund Civic Projects?
Thinking Kickstarter When we hear crowdfunding many of us -- including me -- think Kickstarter. Which is understandable since the crowdfunding company has successfully launched over 65 thousand projects. And has over $305 million in total dollars pledged to all...
Video: Crowdsourcing Week Speaks with Max Sidorov on Google Hangout
Yesterday I published an article where I discussed some of my personal feelings about Max Sidorov. And last night Epi Ludvik and I where able to speak with Max. We used Google+ Hangouts on Air -- it was fun and Epi was feeling rather comical last night. Obviously, I...
The Crowdfunding Bill Will Help Startups
Today is the day that the crowdfunding ecosystem in the US rejoices -- more specifically startups and small businesses. President Obama will sign the Jumpstart Our Business Startups (JOBS) Act into law. The law allows non-accredited investors to invest in startups --...
Patrick McHenry Speaking in Support of the Crowdfunding — JOBS Act
Yesterday was a big day for crowdfunding. While it is supported by the Senate, House and President; there are many within the government and private sector that see crowdfunding as problematic. One of the main supporters of crowdfunding is Congressman Patrick McHenry...
President Obama to Sign the Crowdfunding Bill into Law
So what crowdfunding? According to Wikipedia -- the crowd-powered reference site: “...the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the Internet, to support efforts initiated by...