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Hardware entrepreneurs & fees from crowdfunding platforms

Hardware entrepreneurs & fees from crowdfunding platforms

//Note: In an earlier conversation, Scott Miller, Dragon Innovation’s chief executive officer, had told me that their new site charged a prep fee of 2,000 dollars. When I connected with him later, he told me that it had been miscommunication and that the prep fee charge is 5,000 dollars// Last week, I wrote about Dragon Innovation’s new crowdfunding site. The site, which charges a prep fee of $5,000 for an assortment of services prior to a crowdfunding campaign, has drawn a mixed reaction from entrepreneurs and competitors. While the latter derided the Boston-based firm’s move as a “marketing” gimmick, entrepreneurs were curious about returns on…

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HEADLINE NEWS

misterb&b hits the equity crowdfunding trail to expand into hotels  TechCrunchHomosexuality is illegal in a third of the counties on this planet; in eight countries it is punishable by death. In the febrile atmosphere of today's politics, ... [...]

Wilmington-based Bloom launches crowdfunding campaign  Greater Wilmington Business JournalWilmington-based Bloom Inc. is the first company in Wilmington and second in the state to use the NC PACES Act to launch a North Carolina public offering. [...]

NatWest launches female-focused crowdfunding programme  ComputerWeekly.comConsumer bank NatWest is backing female entrepreneurs through a crowdfunding programme. [...]

Finnish crowdfunding firm Invesdor buys Austrian peer, seeks M&A  ReutersHELSINKI (Reuters) - Helsinki-headquartered Invesdor has agreed to buy Austrian peer Finnest in an all-share deal, hoping the acquisition will spark further ... [...]

Kickstarter Versus 'Crypto' ICOs: Are Traditional Platforms Having The Last Laugh?  ForbesThe crowdfunding world - traditional or more blockchain/crypto-related - might be getting a little more crowded of late. As a financing vehicle it has been around ... [...]

CEO and co-founder of crowdfunding giant Kickstarter resigns amid staff unionization effort  Torrington Register CitizenKickstarter co-founder Perry Chen announced Monday that he is stepping down as CEO of the crowdfunding platform, but will stay on as chairman of the board. [...]

The Changing Face of Video Game Crowdfunding  VarietyMuch has changed since 2012, when Double Fine cracked open video game crowdfunding with more than $3.3 million raised. [...]

Crowdfunding deadline for community kitchen nears  The Daily TelegramADRIAN — The organizers of a community makerspace kitchen project have raised $35000 toward the $50000 goal of receiving matching funds from the ... [...]

Great Idea But No Capital? How To Launch A Business Through Crowdfunding  ForbesNoëlle Santos launched a viral crowdfunding campaign to open The Lit. Bar, a wine bar/bookstore in the Bronx. She shares her advice for crowdfunding a ... [...]

Frank Lloyd Wright Unity Temple model kit seeks crowdfunding  Curbed ChicagoLovers of all things Frank Lloyd Wright may soon have a chance to assemble their own scale model of the famous architect's iconic Unity Temple in Oak Park, ... [...]

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