Monthly Archives: November 2013

NexTrend Crowdfunding Website Officially Goes Live

NexTrend Crowdfunding Website Officially Goes Live

DALLAS, Dec. 2, 2013 — /PRNewswire/ — NexTrend Technologies, Inc., exclusive provider of the NexTrend crowdfunding platform, today announced the NexTrend crowdfunding website www.nextrend.com is officially live and open for crowdfunding project owners and funders. “After many months of software development and hard work by all the NexTrend employees we are excited to announce that the NexTrend crowdfunding platform is officially live and available for new crowdfunding campaigns and those interested in funding those campaigns,” said Mark Cherlin, NexTrend Technologies CEO. NexTrend stands out from the crowd in many ways. Two important benefits for entrepreneurs is that NexTrend does not charge a project success fee…

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CrowdFunding and the Future of Film and Entertainment

CrowdFunding and the Future of Film and Entertainment

By Thomas Mai, The Greek philosopher Heraclitus said that the only constant in life is change. And boy was he right. We live in an age of constant, never ending profound change. Facebook, Twitter, Google, iTunes, VOD and crowdfunding is now part of our daily vocabulary and yet, iTunes is only 10 years old, Facebook is 9, Twitter is 7 and Kickstarter, the mother of crowdfunding sites, is only 4 years old. These young companies are not even in their teens yet but combined they represent a paramount change in our industry to the tune of over 500 billion dollars. Did the internet break Blockbuster? The…

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Wearables company gives itself a makeover

Wearables company gives itself a makeover

By Robert Mullins, Wearables are the next big thing in gadgets with the arrival of Google Glass and other devices. Now one company nurturing wearables startups is changing its name from Stained Glass Labs to Wearable World. The name change of the San Francisco-based company was announced today by co-founders Redg Snodgrass and Kyle Ellicott. Wearable World was launched in May of this year and serves as an incubator for startups in the wearable computers space. Think of devices like Google Glass or smartwatches like the Pebble. These and other gadget makers collectively are described as the Internet of Wearable Things (IOWT). Wearable World is…

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Charities get holiday boost from CrowdFunding

Charities get holiday boost from CrowdFunding

By: Hampton Pearson , Stephanie Dhue, During the 2012 holiday season, the growth in online giving outpaced the growth in e-commerce. This season promises to grow even further. One reason is crowdfunding.Blackbaud, which offers technology for fundraising, estimates crowdfunding campaigns made up about 10 percent of online donations, bringing in $2.4 billion to charities for all of last year. Small charities are using websites likeFundly, Indiegogo and Causevox to raise money for a wide variety of causes. Crowdfunding solicits small amounts of money from a large number of individuals to finance a project by leveraging social media sites like Facebook, Twitter and LinkedIn to reach out to networks of friends, family and colleagues. While it makes up a small…

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Crowdfunding is taking real estate financing by surprise and the big players are taking notice.

Crowdfunding is taking real estate financing by surprise and the big players are taking notice.

By David Drake Crowdfunding is taking real estate financing by surprise and the big players are taking notice.   When Joe Rubin (FundingPost) and I were planning for this Real Estate Investing conference we knew that crowdfunding’s foray into real estate is a promising innovation to the financing and investing industry. We were compelled to bring people, entrepreneurs and investors, media and spectators, to join in the talks in order to sharpen the game. The Hakimian Organization, developer of the stunning and luxurious 75 Wall Street condominium atop the Andaz Wall Street, chimed in and readily hosted the 150+ current and future realty entrepreneurs and…

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Money Fix: Crowdfunding for investors

Money Fix: Crowdfunding for investors

Up ’til now, crowdfunding sites have essentially allowed participants to make donations to projects or companies they want to support. Next year it gets more interesting. When the SEC adopts final rules, for the first time equity-based crowdfunding will be available. Will you get a chance to invest in the next household name? Maybe. “It is always possible your investment will be the next Twitter,” says Spencer Feldman, a partner with New York law firm Olshan Frome Wolosky. These start-ups represent a new asset class for individual investors, allowing them to diversify and participate in a potentially lucrative sector of the market, says Bruce Bachenheimer,…

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CrowdFunding to lift 23-story NYC Hotel

CrowdFunding to lift 23-story NYC Hotel

  BY JOE ANUTA ,  New York real estate developer has kicked off a crowdfunding project at 17 John St. downtown, where he hopes to convert an existing apartment building into an extended stay hotel. Rodrigo Nino’s Prodigy Network will start crowd funding for the project next week, where investors can buy equity in the project at $100,000 a pop. The novel use of crowdfunding takes advantage of investing regulations that were relaxed by the Securities and Exchange Commission just two months ago. “Thanks to the connectivity of the Internet age, this provides a model for people who want to have more control where their money is,” Mr.…

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Facebook moves to shut down busker CrowdFunding website

Facebook moves to shut down busker CrowdFunding website

By Andy Malt, Busker crowdfunding website FaceBusks has launched a campaign to convince Facebook to withdraw a cease and desist order issued against it. FaceBusks allows buskers to crowdfund money for related projects, like recording an album, as well as donating some of their donations to charity. Launched in 2009, problems arose for the company earlier this year after it applied to register the FaceBusks name as a trademark. In a letter to the busker site’s founders Servais Louis and Jo’rel Mitchell, reported by Trademarks + Brands, Facebook’s legal team said that it was “obvious that the marks are similar and that relevant consumers may establish a…

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CFB exclusive interview with Josef Holm of TubeStart

CFB exclusive interview with Josef Holm of TubeStart

TubeStart is a crowdfunding site for independent film producers and their supports. With an eye toward funding videos that are often shared at no charge on YouTube, the site brings film supporters together with creators to help advance the art and business of film. On Monday, November 25, 2013 at 4:00 Eastern, TubeStart founder Josef Holm will join CrowdFundBeat live for an exclusive discussion about crowdfunding independent films. From the TubeStart site: Claude Shires & Josef Holm at Vidcon 2013 Tubestart was founded in 2013 by Josef Holm and Claude Shires to solve a problem that most online video creators have in common with other independent…

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Listen to NPR Morning Edition on CrowdFunding

Listen to NPR Morning Edition on CrowdFunding

BY Yuki Noguchi, Crowdfunding is popular among musicians, filmmakers and artists looking for a way to finance their next project. Now the Securities and Exchange Commission is considering rules that, for the first time, would allow small companies to solicit investments over the Internet and sell shares to the general public. For some small firms, these new rules come as welcome news.Sh ne Emmett, CEO of Health Warrior, which makes a line of nutrition bars made of chia seeds, says his company is looking to raise money and would consider doing so under the SEC rules. Listen https://crowdfundbeat.com/video/?p=5000 Currently, private companies are only allowed to solicit funding from accredited…

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Equity Crowdfunding: Understand Proposed SEC Rules

Equity Crowdfunding: Understand Proposed SEC Rules

Article by Technically Philly, Fox Rothschild LLP, Equity crowdfunding is one giant step closer to becoming a reality for entrepreneurs and startups who have eagerly been awaiting the SEC’s final rule making. The SEC issued proposed rules and forms last month that would finally implement Title III of the JOBS Act, which created an exemption from registration under the Securities Act of 1933 for certain “crowdfunding” securities offerings conducted through “crowdfunding intermediaries.” In other words, the government agency charged with overseeing capital investment is creating a structure for average people — not just accredited investors — to buy equity in companies so that they might…

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CFB exclusive interview with Chance Barnett of Crowdfunder

Crowdfunder is one of the earliest and largest equity crowdfunding platforms in the burgeoning market for startup finance. Chance Barnett, the CEO and founder of Crowdfunder, will join CrowdFundBeat for a live interview on Tuesday, November 26, 2013 at 6:30 PM Eastern to discuss the rapidly growing business. Chance describes himself: I’m an internet entrepreneur, investor and advisor who has started and bootstrapped several companies from inception to millions in revenues over the last 14 years. My interest and passion for technology startups comes from both hands-on technical knowledge and high growth marketing/customer acquisition experience, as demonstrated by having built technology and grown businesses that have…

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HEADLINE NEWS

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 [...]

FortuneUncensored Social Network Gab Raises $1 Million in Crowdfunding CampaignFortuneA crowdfunding campaign for Gab, a Twitter-like social network that touts its commitment to freedom of speech, surpassed $1 million yesterday. The company claims it is politically neutral and committ [...]

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 [...]

League: Warriors legend Monty Betham drops crowdfunding bidNew Zealand HeraldFormer Warriors Monty Betham has pulled the pin on his quest to launch a crowdfunding campaign to buy the Warriors. With Warriors owner Eric Watson locked in negotiations to sell, Betham made a plea to league [...]

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 [...]

GeekZing Smart Light Passes Crowdfunding Goal With Flying Colors ...GeekAt age 31, I still prefer to keep a light on in the hallway, illuminating my way to the bathroom in the middle of the night. (God forbid I step on the creeping cat—or ...and more » [...]

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 [...]

Deccan ChronicleHow to make crowdfunding work?Deccan ChronicleVarun, based on his experience, also says, that people new to crowdfunding should not be complacent with their campaigning — “I've seen a lot of people, who just think that crowdfunding is free money. They have a very [...]

FortuneDreamHost Sets Up Crowdfunding Page to Aid Trump Government FightFortuneThe Los Angeles-based web host DreamHost, which is fighting the Department of Justice over its attempt to seize records of visitors to an anti-Donald Trump website, has launched a crowdfunding campaign to a [...]

DualShockersBounty Battle Rolls out the White Carpet with Successful Crowdfunding CampaignDualShockersWhen we last checked in with the indie-obsessed fighting game, Bounty Battle, it was halfway through its $30,000 crowdfunding goal. Now with 3 days left to go, it's surpassed thi [...]

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