Monthly Archives: June 2013

Michael Eisner on Kickstarter: ‘I Think It’s Only Positive’

Michael Eisner on Kickstarter: ‘I Think It’s Only Positive’

Kickstarter may be popular among producers of the maker variety. But what about producers of a more traditional strain — say, Hollywood producers? And record companies? And movie studios? During a discussion with Kickstarter co-founder Perry Chen at the Aspen Ideas Festival, Walter Isaacson asked Michael Eisner, who was watching the discussion from the audience, what he thinks of the crowdfunding service. The former Walt Disney Company CEO, Isaacson pointed out, made a living helping to build up artistic projects in the same way Kickstarter does — but he did so through a studio system whose model is pretty much the opposite of crowdfunding. So what…

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Using crowdfunding sites could destroy a nascent business idea

Using crowdfunding sites could destroy a nascent business idea

Before using crowdfunding sites, businesses need to protect their intellectual property from copycat imitations Entrepreneurs are increasingly using crowdfunding platforms to pitch their ideas to a wide audience in the hope of getting potential investors to contribute finance. Yet, for certain ideas, pitching on crowdfunding platforms could be fatal to setting up a viable business Crowdfunding sites such as kickstarter have grown in popularity. The concept is....

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Is SmoothGroove the Most Unusal Product to Attract Crowd Funding?

Is SmoothGroove the Most Unusal Product to Attract Crowd Funding?

It may be unusual, but it is real, and it's creating a storm worldwide. Launched online, and now attracting crowd funding for a retail packaging project, demand for this product is increasing every day according to the founder and CEO. Susan Laurie from North East England (founder & CEO of SmoothGroove) always preferred to wear figure-hugging clothes that showed her shape off to the full. However, her passion for wearing her desired....

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Making the Movie Was Easy, Crowdfunding Is Hard

Making the Movie Was Easy, Crowdfunding Is Hard

Making the movie was easy, crowdfunding is hard. Ok, that’s a ridiculous oversimplification, but not completely untrue. I’m currently in the midst of a crowdfunding campaign to raise post-production funds for my first feature film, Sidewalk Traffic (a comedy/drama about a struggling filmmaker and new father in post-Great Recession NYC), which I wrote, co-produced and directed this past winter. Realizing the lifelong ambition of directing my first feature film meant making a substantial financial investment (though well short of what an MFA at an elite film school costs), informing my wife and two young daughters that I would be for all intents and purposes gone for the better…

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New generation of entrepreneurs turn to crowd funding to raise capital

Oceanside resident Jessica Lewis is among a new generation of entrepreneurs turning to crowd funding platforms such as Indiegogo.com to raise capital for new business ventures. She hopes to generate enough donations to expand her online “Rockabilly” women’s clothing store to a brick-and-mortar venue on South Coast Highway. Courtesy photo

OCEANSIDE — Jessica Lewis needs $110,000 to realize her dream of opening a women’s “Rockabilly” clothing store on South Coast Highway. It is the natural extension of a successful online store, darlingdames.com, where she carries the Too Fast, Lowbrow Art Company and Sourpuss labels. “I grew up in Texas and started wearing Rockabilly when I was 15 or 16,” she recalled. “It’s really big there and is truly for all generations. “The 1950s were a fun and romantic time. I’ve had several customers from their 50s to their 60s look at my clothing line and say, ‘Oh, my gosh! I remember that dress!’” Lewis is…

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Infrastructure Is Huge Challenge For Crowdfunders

A couple of weeks ago I took at look at the future of self-publishing and as I was writing it became clear that there are a lot of parallels with the future of crowdfunding. Like self-publishing, crowdfunding needs a reliable infrastructure to support project owners, but where self-publishing can tap into existing professional communities, there isn’t a similar eco-system of businesses that provide services to the crowdfunding community. Self-publishing’s advantage is that there is already a flourishing network of author services companies and freelances who are doing for traditional publishers exactly the same kind of work that self-publishers need, in almost exactly the same kind…

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Women entrepreneurs use crowdfunding for new project “Bust’DD”

CFB interviews Sonas Denim at the International CrowdFunding Film Festival pre-launch party

SeedInvest Raises $1M To Help Angels Invest Online–Privately

Courtesy of SeedInvest SeedInvest CEO Ryan Feit, right, with SeedInvest adviser Sherwood “Woodie” Neiss during a trip to Washington to meet with bankers and regulators, believes his crowdfunding platform can help streamline investing.

A crowdfunding platform called SeedInvest is betting that investors want a little privacy as they review and back promising startups online. The site recently rolled out SeedInvest Groups, a feature that lets managers of angel groups invite members to review deals and fund companies without doing so in the view of industry onlookers. Privacy features like this could help curb the “herd mentality” that often plagues investing, suggests Ryan Feit, the chief executive of SeedInvest. Investors and entrepreneurs discussed this issue at the Premoney.co conference in San Francisco this week. Serial entrepreneur Elad Gil observed that equity crowdfunding sites, along with accelerators and affiliated seed…

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Crowdfunding’s Final Frontier – Extraterrestrial exploration Powered by FundRazr.

Crowdfunding’s Final Frontier – Extraterrestrial exploration Powered by FundRazr.

FundRazr shoots for the stars with PayPal Galactic and SETI Institute. Mountain View, CA – The crowdfunding innovators at FundRazr are proud to announce they are powering PayPal Galactic’s partnership with SETI Institute to crowdfund life on earth, and search for ET (extraterrestrial) life beyond it. SETI’s Curiosity Movement crowdfunding campaign (http://seti.org/curiositymovement) is changing the way scientific research is funded and completed; FundRazr’s platform is making the exploration of these new frontiers possible. Like to join the team of space explorers and be a member of the crew that discovered another planet teaming with life?  Make a donation and claim perks like: First Contact Alert…

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Kickstarter plans to “open up” crowdfunding site to projects in Canada

The crowdfunding website Kickstarter says it “will open up to Canada-based projects later this summer.”

The crowdfunding website Kickstarter says it “will open up to Canada-based projects later this summer.” The U.S. company made the announcement today (June 27) on its Twitter account, but provided few other details. Launched in 2009, Kickstarter is a popular online-fundraising tool for people behind creative projects in technology, music, games, and other fields. Financial pledges are solicited for individual projects, which then receive the funding if they reach their dollar-amount goal by a set deadline. Guidelines listed on the Kickstarter website indicate projects can be launched by “US and UK creators over the age of 18.” Rules for those in Canada are not mentioned.…

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Not every crowd has a silver lining

When Daylin Paul came across the woman, he knew he had a story he had to tell. The photographer was travelling in Thailand after leaving his job at a South African newspaper group. The woman, known as Maw — Paul won’t divulge her real name — is a member of the Karen tribe, living in a village in the northern mountains. She had contracted HIV, which carries a huge social stigma in the area. Paul wanted to document her life in photographs. But he had a problem. He needed money for travel costs, equipment and a bike to get up into the hills from his…

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HEADLINE NEWS

Baltimore SunHarford still opposes crowdfunding sites for school donationsBaltimore SunRaising money through online crowdfunding sites is an ideal way for teachers to find the funds to purchase classroom materials and should be restored, the head of the Harford County teachers' u [...]

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

LITTLE GUIDANCE FROM IRS ON TAXING CROWDFUNDING CONTRIBUTIONSBloomberg BNAWhether it's a musician raising money to produce an album, an inventor with a great idea, or a family in distress that needs help, crowdfunding through platforms such as Indiegogo and Kickstarter has become [...]

Crowdfunding: Funding ideas the right wayReuters (press release) (registration)The term “crowdfunding”, or “crowdsourcing”, refers to an open call made to the world via the Internet to solicit funds from interested parties to finance a business or social project. The funds received ma [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

What do you think of crowdfunding campaigns?Japan TodayI think that if there is a responsibility and guarantee of sorts that the crowdfunding site will actually act with the users to go after companies which waste money or run off with it, then it would be a great thing for the future [...]

ForbesWhat Works In Equity Crowdfunding -- Insights From ResearchForbesAs we have recently celebrated the fourth anniversary of the signing of the JOBS Act into law, it is a good time to take stock of the effect that the legislature had on equity crowdfunding in the United States. It [...]

VentureBeatAmid Silicon Valley crackdown on alt-right, Gab social network ...VentureBeatAs high-tech firms have begun taking steps to weed out some of the most offensive right-wing hate groups, alternative social network Gab has seen a surge in ...Gab is becoming a haven for hate spee [...]

FortuneIndiegogo's Difficult Path to Offering Equity CrowdfundingFortuneIndiegogo founder Slava Rubin discusses how Indiegogo's equity crowdfunding service has been performing since its launch in 2016. Photograph by Indiegogo. E-mail; Tweet; Facebook; Linkedin. Share icons. [...]

The HinduKoodiyattam centre goes for crowdfundingThe HinduThe goal is to raise the sum through the crowdfunding platform BitGiving (https://www.bitgiving.com /nepathya) to train a new generation of artistes in what constitutes the only surviving form of ancient Sanskrit theatre in the [...]

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