Posts Tagged ‘ Prodigy Network ’

Exclusive interview with real estate crowdfunding CEO Rodrigo Nino

Exclusive interview with real estate crowdfunding CEO Rodrigo Nino

Rodrigo Niño is the CEO of Prodigy Network, a real estate crowdfunding portal that is giving investors access to projects in both Colombia and the United States, including some of the most exclusive real estate in Manhattan. On Monday, October 28, 2013 at 4:00 PM Eastern will join CrowdFundBeat for an exclusive interview. Niño’s bio: Nino developed Prodigy’s crowdfunding model as an innovative way of giving smaller investors access to large real estate assets. With this model, he set the world record in crowd funding by summoning 3,500 investors and raising more than US$200 million in less than two years to fund the tallest building in Colombia,…

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Real estate’s new frontier: Crowdfunding

Real estate’s new frontier: Crowdfunding

It’s worked for films, political candidates and disaster relief, so why not real estate? Crowdfunding, the act of soliciting funds from the public, most recently via the Internet, is already a powerful tool, but, until today, was difficult to do in real estate. Developers were restricted from marketing projects to the public. Real estate finance was largely limited to high net worth investors and private equity firms. Today, that restriction disappears, thanks to the Jumpstart Our Business Startups Act, or JOBS, passed in April 2012. Now developers can advertise and market their projects to so-called, “accredited” investors, or those with a net worth of at…

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HEADLINE NEWS

LivemintFinding the right balance on crowdfundingLivemintSecurities market regulator Sebi (Securities and Exchange Board of India) has been trying to get a handle on digital platform-based crowdfunding since at least 2014, when it issued a cautiously positive consultation paper. It fl [...]

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 [...]

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 [...]

The Northern Daily LeaderThe perks and pitfalls of crowdfundingThe Northern Daily LeaderWith a few clicks, would-be entrepreneurs, artists and charities can launch a project and start crowdfunding. All they need to do is nominate a dollar goal to raise within a certain time, and list [...]

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 [...]

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 [...]

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 » [...]

Censorship in Crowdfunding Services and How Bitcoin Could HelpInside BitcoinsThis once again highlighted the need for crowdfunding and community support for independent projects to remain afloat, but this time it was more serious. With YouTube throttling advertising revenue to creator [...]

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