Crowdfunding goes global from Silicon Valley

Tim draper

Tim Draper Conference Keynote Speaker

Crowdfunding is now hitting the global mainstream and the web is abuzz with the launch of the first Silicon Valley Crowdfunding conference.

According to independent observers Open Intelligence, who have been monitoring web traffic related to Crowdfunding and the upcoming conference, interest in Crowdfunding is exploding at a rate to rival anything that has gone before.

That’s set to increase still further as Silicon Valley – the planet’s biggest concentration of entrepreneurs and funders – get’s in on the act. Until now New York, home to Kickstarter.com has arguably been at the epicentre of the fast growing industry and, perhaps unusually, Silicon Valley has been rather muted.

Silicon Valley Crowdfund Conference & Expo

Silicon Valley Crowdfund Conference & Expo

“The Crowdfunding phenomenon is global” commented conference organiser Sydney Armani CEO of Silicon Valley Crowdfund Ventures “and the conference is reflecting that. We have industry leaders coming in from around the world including the UK, Canada, Australia and across Europe.”

This comes as the USA prepares to launch itself into Crowdinvesting for the first time as a result of the JOBS act. Until now Federal law has prevented this and only the pre-sales (sometimes called rewards-based) model, where contributors typically back the creation of new products and businesses by pre-purchasing, has been legal here.

Meanwhile in the UK Crowdinvesting has been growing increasingly popular with platforms such as Crowdcube and Seedrs accredited by the FSA, the UK’s regulatory authority.

Armani, Leonhardt

Howard Leonhardt, MC of the Conference, Sydney Armani CEO at SVCrowdfund

“There’s been a lot of controversy, and there still is”, commented Barry James, Director of The Social Foundation which ran the UK’s first national Crowdfunding conference in February “but the industry has made a great start and established itself here. We are seeing a lot of activity with new platforms springing up like daisies. Best of all Crowdfunding is now being taken seriously by opinion formers and legislators, with a recognition that it has huge potential and a place in the mainstream”.

Crowdlenders Zopa and FundingCircle have received strong support, including substantial financial backing direct from the UK government. Business Secretary Vince Cable also contributed to February’s Deep Impact conference, making it clear that the government fully support the new sector and attach great importance to it*.

SVCrowdfund Conference & Expo

SVCrowdfund Conference & Expo

The controversy – and the need for regulation to adapt and change – has not gone away. If anything it has grown. However there is clear support within Westminster. Barry Sheerman, the member of Parliament who chairs the Westminster Crowdfunding forum commented on the conference, saying “I’m really excited about the potential that crowdfunding has, across this planet for not only starting new businesses, starting new enterprises, but also giving hope to communities that have lost their way that believe that modern international capitalism has left them behind. I believe that crowdfunding gives us the capacity to change peoples lives and worlds and reach to communities that have lost hope.”

In a recorded message to the Silicon Valley conference this week he says “the real potential here is for a new kind of democratic participatory capitalism. I believe in that and want to work with you and other people throughout the world to do really good things in the communities that have been left behind. Whether they be in Yorkshire in England, in my constituency, or elsewhere in the world. Let’s work together on that. I think we have a new high potential vehicle to change the world.”

The conference sees the launch of the first Global Crowdfunding day co-chaired by Barry James and Ruth Hedges, CEO of Crowdfunding Roadmap, who launched the initiative to coincide with the first anniversary of the successful signing of the JOBS act in the USA. (GlobalCrowdfundingDay.com)

Ruth commented “Crowdfunding shows us how we are all connected by the power of our dreams and our ability to manifest and fund those dreams. I created Global Crowdfunding Day to unite us in a universal way so that we can act together for 24 hours around the world and support those who dare to innovate and take on the challenge to create the jobs every economy desperately needs.”

Fresh Business Thinking – Daniel Hunter
Photos: Crowdfundbeat.com – Safoura Ahmadi – April 4, 2013

HEADLINE NEWS

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

NPRAfter Outcry, Crowdfunding Site Patreon Backs Off Plan To Raise ...NPRThe popular crowdfunding service Patreon has backed off plans to change its payment structure, after widespread, vocal and passionate opposition from creators and their fans. Last week, the site announced it woul [...]

TechCrunchHow hate speech crowdfunding outfit Hatreon crept back online ...TechCrunchIf you want to make a living creating white supremacist content, you're probably not going to do it via sites like Kickstarter and Patreon, which prohibit hate speech. Fortunately there's Ha [...]

CoinDeskKickstarter ICO? Don't Count On It Says Crowdfunding Leader ...CoinDeskThe company most widely associated with crowdfunding, Brooklyn-based Kickstarter, has no plans to get into the initial coin offering (ICO) business. Coming in response to the news yesterday that compet [...]

CryptoCoinsNewsCrowdfunding Giant Indiegogo Looks to Make ICOs Mainstream ...CryptoCoinsNewsOne of the world's most popular crowdfunding platforms is getting in on the ICO game. Josiah Wilmoth on 14/12/2017. ------------------Advertisement------------------. Advertisement · Reddi [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

Crowdfunding via Customers: Is This The New Startup Capital?Customer ThinkWith more and more companies in a variety of sectors developing new crowdfunding campaigns, it makes sense to ask whether crowdfunding is likely to replace startup capital in the near future. Crowdfunding is qui [...]

VentureBeatAtaribox hits the pause button on its crowdfunding campaignVentureBeatAtari was supposed to start taking preorders along with launching its crowdfunding campaign on Indiegogo today for its new Ataribox console. However, it seems to have hit an unspecified snag and in an ema [...]

Coindesk (press release) (blog)Crowdfunding Giant Indiegogo Opens to ICOs - CoinDeskCoindesk (press release) (blog)The startup revealed today that, through an existing partnership with MicroVentures, it will begin offering services to projects seek to use the blockchain funding model. [...]

TechCrunchFormer Gawker employees are crowdfunding an effort to buy Gawker.comTechCrunchWhile Univision acquired most of Gawker Media's sites last year (and renamed them as the Gizmodo Media Group), the deal didn't include Gawker itself. In fact, BuzzFeed reported last month [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |