Posts Tagged ‘ Wefunder ’

CFB Exclusive Interview with Mike Norman of WeFunder

Mike Norman is one of the founders of WeFunder, an equity crowdfunding site for startup companies based in Cambridge, Massachusetts. Mike will join CrowdFundBeat live at 1:00 Eastern on Thursday, October 10, 2103. Tune in here: From the WeFunder site: The Elevator Pitch We give everyone the opportunity to invest as little as $1000 in top startups. We helped pass the JOBS Act in 2012. We built a beautiful product during our time at Y Combinator. And now we’re waiting for the SEC to implement the JOBS Act. Starting on September 23rd 2013, for the first time in 80 years, the SEC will allow startups to…

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The Crowdfunding Economy Is About to Pop

The Crowdfunding Economy Is About to Pop

Crowdfunding has enabled millions of people to donate money to make prototype products a reality and support artistic projects, among other proposals. In exchange, supporters have received free gifts, verbal thanks, even hugs. Now the stakes are about to increase dramatically thanks to a law paving the way for direct investment in startup businesses. The new law, a provision of the 2012 Jumpstart Our Business Startups (JOBS) Act, allows startups to market private share offerings to potential investors via websites, social media, and print and television ads. A pre-Internet version of that practice had been outlawed in the 1930s to protect citizens from Great Depression-era…

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Interview with Mike Norman, the co-founder of Wefunder, on Crowdfunding and Raising Capital

Interview with Mike Norman, the co-founder of Wefunder, on Crowdfunding and Raising Capital

It is the mother’s milk of Silicon Valley startups – money, often from investors, to get going and keep growing. And next week new federal regulations will give startups and investors more ways to find each other. Previously, the Securities and Exchange Commission banned companies from advertising publicly to potential investors on TV, radio, in print or at seminars. Now, the SEC is lifting that ban. The change was part of the JOBS Act (Jumpstart Our Business Startups), which Congress passed last year. This means companies could, for example, use crowdfunding websites to put their ideas to the world. And investors could use those sites…

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NPRAfter Outcry, Crowdfunding Site Patreon Backs Off Plan To Raise ...NPRThe popular crowdfunding service Patreon has backed off plans to change its payment structure, after widespread, vocal and passionate opposition from creators and their fans. Last week, the site announced it woul [...]

EntrepreneurWhy Some Small Business Owners Are Turning to Crowdfunding to Save Their CompanyEntrepreneurMany owners of beloved local businesses, especially in pricier cities, have been forced to swallow their pride and appeal to their customers in times of crisis -- a process streamli [...]

TechCrunchHow hate speech crowdfunding outfit Hatreon crept back online ...TechCrunchIf you want to make a living creating white supremacist content, you're probably not going to do it via sites like Kickstarter and Patreon, which prohibit hate speech. Fortunately there's Ha [...]

Crowdfunding bid to cut car cover for millennialsThe TimesAn insurance start-up that claims it can reduce premiums for millennials will launch a £15m initial coin offering (ICO) next month in another sign of the growing frenzy over digital currencies. InsurePal will use the funds rais [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

CoinDeskKickstarter ICO? Don't Count On It Says Crowdfunding Leader ...CoinDeskThe company most widely associated with crowdfunding, Brooklyn-based Kickstarter, has no plans to get into the initial coin offering (ICO) business. Coming in response to the news yesterday that compet [...]

TechCrunchFormer Gawker employees are crowdfunding an effort to buy Gawker.comTechCrunchWhile Univision acquired most of Gawker Media's sites last year (and renamed them as the Gizmodo Media Group), the deal didn't include Gawker itself. In fact, BuzzFeed reported last month [...]

Crowdfunding For French CastlesNPRYou too can own a French chateau, in part, anyway. Romain Delaume, CEO of Dartagnans, tells NPR's Scott Simon about a crowdfunding effort underway to preserve La Mothe-Chandeniers. SCOTT SIMON, HOST: What if I told you that for about $60, you cou [...]

CryptoCoinsNewsCrowdfunding Giant Indiegogo Looks to Make ICOs MainstreamCryptoCoinsNewsCrowdfunding platform Indiegogo has a plan to help initial coin offerings (ICOs) break into the mainstream, even as the U.S. Securities and Exchange Commission (SEC) is ramping up its oversight of [...]

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