BY Jonathan Yates, NEW YORK (TheStreet) — Crowdfunding has become much more prominent after Facebook(FB_) recently bought crowd-funded virtual-reality headset maker Oculus for $2.1 billion. In September of 2012, Oculus was financed by nearly 10,000 individuals for over $2 million through KickStarter, a crowdfunding platform.
The crowdfunding principle — when individual investors finance a project over the Internet or at live events — can result in more profitable investing in stocks, too. Let’s look at Peter Lynch and Warren Buffett — two of the best investors in history — Andy Frankenberger, winner of the World Series of Poker, and Dom Einhorn, founder of crowdfunding site Born2Invest, as they talk about investing principles relevant to the new crowdfunding movement.
1. Lynch: The individual’s advantage over the giants