The benefits of crowdfunding

by Lachlan Mackintosh,

How much would you pay to watch someone make a bowl of potato salad? That sounds like a stupid question, but a bloke on a crowd funding website raised well over $50,000, on the promise to make potato salad. That’s one of the craziest examples of what people are willing to spend their money on. But crowd-funding is a serious business. Joining the program: – Natasha Duckett from crowd funding website ‘Pozible’ – Musician, Kate Miller-Heidke, who used crowd funding to release her latest album

HEADLINE NEWS

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 [...]

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 [...]

GeekZing Smart Light Passes Crowdfunding Goal With Flying ColorsGeekIn just five weeks, San Diego-based Team Zing has more than doubled its crowdfunding goal of $52,500, collecting nearly $125,000 from 1,115 backers. There are still five days to snag your own smart night light, availa [...]

Regulation Crowdfunding: Considerations Before Crowdfunding Your StartupLexology (registration)For startups looking to raise capital, crowdfunding looks to be to a modern solution to capital-raising concerns. In 2015, the SEC issued a rule on crowdfunding (“Regulation Crowdfunding”), [...]

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 [...]

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 [...]

Business 2 Community5 Quick Tips to Relaunch a Crowdfunding CampaignBusiness 2 CommunityIn its basic form, crowdfunding is raising small amounts of money from a large number of individuals. To get started, fundraisers choose a platform, share their story and tell family and friends wh [...]

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 [...]

Reuters (press release) (registration)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 [...]

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