DOCSLIB.ORG

An Introduction

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
An Introduction MIKE WICKS CROWD FUNDING AN INTRODUCTION eBooks & Tips for Small Business Startup A Blue Beetle Books Publication Copyright © 2013 Blue Beetle Books Inc. Crowdfunding - An Introduction - New edition July 2014 by Mike Wicks Published as an eBook original by Blue Beetle Books. No part of this eBook may be reproduced in any manner whatsoever without the written permission of Blue Beetle Books. Blue Beetle Books 3552 Promenade Crescent, Victoria, B.C. V9C 4L2 Tel: 250-704-6686 E: [email protected] www.bluebeetlebooks.com Gold Alliance Group, Inc. 2 www.goldalliancegroup.com Table of Contents Introduction 4 Chapter One - What Is Crowdfunding Anyway? 5 Chapter Two - Why Do People Support Crowdfunding Campaigns? 10 Chapter Three - Crowdfunding Platforms 12 Chapter Four - Crowdfunding By The Numbers 17 Chapter Five - Creating A Campaign 20 Chapter Six - Going Viral 26 Chapter Seven - The What-Not-To-Dos 29 Chapter Eight - Case Study: Jordan Stratford (Wollstonecraft) 32 Chapter Nine - The Future of Crowdfunding 35 Gold Alliance Group, Inc. 3 www.goldalliancegroup.com Introduction his eBook does not offer a complete dollars, but in fact they guide to crowdfunding in all its guises; it represent a very small T is meant as an introduction to this fasci- percentage of the nating way of raising money for product campaigns launched. development, projects and companies. It focuses primarily on rewards-based crowdfunding for two Two-thirds of success- main reasons; first it is the easiest form of crowd- ful campaigns raise funding to become involved with, and second it under $5,000, and the is the most relevant at this time to small business majority of campaigns entrepreneurs. are unsuccessful, so it should not be viewed Although equity, or investment-based, crowd- as a get-rich-quick funding is of interest to small business owners, scheme. As with all things, however, you can it is in its infancy in both the U.S. and Canada. A increase your chances of success by doing your few crowdfunding sites offer a platform for small homework. The vast majority of projects posted businesses to attract investors, but you will be don’t have a hope of succeeding because their expected to provide a business plan and com- proposition is not well thought out, the product is prehensive financials. In this book we focus on weak, and the project overall is poorly presented. rewards, donation, and pre-sales crowdfunding. Reading this book will help you understand what you have to do to give your project a better than Rewards-based, including pre-sales and dona- average chance of raising the money you need to tions crowdfunding can offer real rewards, but develop your product, or take your company to they don’t come easy. There are many exam- the next level. ples of companies attempting to raise $250,000 for a project and ending up with several million I wish you the very best of luck! Gold Alliance Group, Inc. 4 www.goldalliancegroup.com Mike Wicks People wanting to raise funds for a project, product development, or almost anything else can sign onto a crowdfunding website and create a campaign. Later in this book we will be showing you exactly how to do this, but for now let’s take a look at where the crowdfunding phenomenon originated. he short definition is that crowdfunding Non-profit organizations have been raising small is where a large number of people (a amounts of money, from large numbers of people T crowd) financially support a project through fundraising campaigns forever, which by giving a relatively small amount of was, essentially, crowdfunding. The Internet money either in return for a reward, as a dona- however offered a way to extend a non-profit’s tion, or potentially in return for equity. It is a form reach, and by the end of 2011 over $1.2 million of social networking and uses the power of the had been raised by non-profits using crowdfunding Internet and online communities to spread the platforms, the largest percentage being in Europe, word about a project or product. with North America catching up quickly. A good formal definition comes from Investo- Micro-financing is another form of crowdfunding pedia (www.investopedia.com): “The use of that existed before this new term become com- small amounts of capital from a large number of monplace; with sites such as Kiva encouraging individuals to finance a new business venture. people in prosperous countries to donate small Crowdfunding makes use of the easy acces- sums of money to entrepreneurs in developing sibility of vast networks of friends, family and countries. colleagues through social media websites like Facebook, Twitter and LinkedIn to get the word Having said that, crowdfunding’s real roots out about a new business and attract investors. lay in crowdsourcing and Jeff Howe, who is Crowdfunding has the potential to increase a contributing editor at Wired magazine, and entrepreneurship by expanding the pool of author of Crowdsourcing: Why the Power of investors from whom funds can be raised the Crowd Is Driving the Future of Business, beyond the traditional circle of owners, relatives defines it in two ways, first what he calls the and venture capitalists.” The White Paper Version: Crowdsourcing is the Gold Alliance Group, Inc. 5 www.goldalliancegroup.com act of taking a job traditionally performed by New legislation recently signed by President a designated agent (usually an employee) and Obama will allow small businesses in the United outsourcing it to an undefined, generally large States to raise equity funding through crowdfunding group of people in the form of an open call; and websites, which is seen as a major advancement the Soundbyte Version: The application of Open in crowdfunding, especially for small businesses Source principles to fields outside of software. (The Canadian Securities Commission is currently Source: www.crowdsourcing.com looking at similar legislation). This new legislation allows businesses to use Crowdfunding platforms So really, crowdfunding as we know it today is a to raise money for special, or startup, projects by subset of crowdsourcing, or at the very least it offering equity in return. spawned it. Crowdfunding businesses promote projects via As recently as 2009 there were just a few online the Internet so the public is aware of the details crowdfunding platforms, today there are more and can donate to the ‘cause’ if they desire. than 600 worldwide. Crowdfunding, as it cur- Crowdfunding investment platforms currently rently exists, allows anyone to raise money, include four different business models. These through donations, for any project they are include; investment-based; lending-based; working on through dedicated crowdfunding donation; and reward-based platforms. It is websites, or platforms. Projects can be anything recommended that the pros and cons of each from an individual writing a book, to a company model be considered before moving forward launching a new product. In fact, people are with any specific model. even using it to get strangers to fund their med- ical bills, but that’s another story. When equity crowdfunding becomes widely avail- able it will be important to understand a little about Music, film, theatre, publishing, technology and what type of person will be allowed to invest and video-gaming are currently the most successful at what level. While smaller investments might be sectors using crowdfunding. However, small allowed from any individual, larger investments business entrepreneurs are starting to recog- will require a more sophisticated level of knowl- nize the potential of this funding source. This is edge from investors. especially so where their product, or project, is of interest to the general public. People look for An accredited investor is: someone who has at creative and innovative ideas to support; in par- least $1 million in net financial assets (excluding ticular where the campaign offers, as a reward, real estate); or someone who can prove a net an opportunity to be the first on the block with income over the last two calendar years exceeding a new product. This can be an exceptionally $200,000 (a husband and wife with a combined powerful motivator. income of $300,000 also qualify) they also have to show that they expect to exceed those figures Campaigns that achieve the greatest success in the current year; or someone who has assets are those that feature a specific project, with including real estate of $5 million; finally anyone set goals and deliverables offering attractive with at least $150,000 to invest is considered an ‘rewards.’ A moderate timeline is also important accredited investor. In all these cases the secu- to success. rities commission is making the assumption that Gold Alliance Group, Inc. 6 www.goldalliancegroup.com people with this level of assets, or income, are KICKSTARTER financially sophisticated enough to make sound financial decisions on their own behalf. Kickstarter opened its doors in April 2009 and experienced immediate success. During its short Even when you are approaching accredited business lifetime, 65,000 projects have obtained investors through a crowdfunding campaign you funding as the result of its crowdfunding business will need to have an incorporated company, and platform. An impressive $1.2 billion has been provide a business plan with full financials. Check pledged to support these projects. out a platform called RockThePost in chapter three for more information on equity crowdfunding and Some of the positive reasons investors are promoting to accredited investors. attracted to Kickstarter include the fact that the funds are not committed to a particular project, This book focuses primarily on reward-based unless the funding goal is met. crowdfunding, as it is by far the easiest place to start and provides an opportunity for small busi- The project risk for the investor is dramatically nesses to raise money for the development of reduced by this “all or nothing” investment strat- specific new products, or projects.
Load more

Recommended publications
  • A Kickstarter Profile for Nonprofits
    A KICKSTARTER PROFILE FOR NONPROFITS: HOW TO ENGAGE BACKERS ONLINE BY ELIZABETH ANDERSON A Kickstarter Profile for Nonprofits: How to Engage Backers Online A Thesis Submitted to the Faculty Of Drexel University By Elizabeth J. Anderson in partial fulfillment of the requirements for the degree of Master of Science in Arts Administration June 2017 © Copyright 2017 Elizabeth J. Anderson. All Rights Reserved. ii DEDICATIONS To my family who have always been my rock in every situation and without whom I would not have accomplished this. And to the Getty Foundation & Museum whose summer internship program got me interested in nonprofit arts administration a decade ago. iii ACKNOWLEDGEMENTS Thank you to Dr. Melissa Anderson, PhD for her assistance with the statistics software “R” and performing the factor analysis. Emily Ambash, Ayala Cnann, and Mark Anderson’s counseling and advice from their own experiences with writing a thesis or dissertation was instrumental to my process. Thank you to everyone else who provided emotional support along the way, you helped more than you probably know. I would like to acknowledge the many people who took the time to take and share the survey for my research and those who were willing to answer more detailed questions about their survey. With nearly half of survey takers volunteering, the desire to help was overwhelming and I am grateful to everyone, even those I did not have time to include in this study. A special thank you to Dr. Jean Brody whose advice helped me circumnavigate any problems I encountered. iv Table of Contents LIST OF FIGURES ............................................................................................................................
    [Show full text]
  • Powering the Crowd Into the Future
    POWERING THE CROWD INTO THE FUTURE KEY LEARNINGS & RECOMMENDATIONS Davinia Cogan, Peter Weston POWERING THE CROWD INTO THE FUTURE KEY LEARNINGS & RECOMMENDATIONS FOR ENERGY ACCESS CROWDFUNDING AND P2P LENDING CONTENTS BIOS 3 EXECUTIVE SUMMARY 4 INTRODUCTION 6 1 STATE OF THE MARKET 8 2 THE 6 CAMPAIGN ARCHETYPES 12 1. PARTNERSHIP MODELS 15 CASE STUDY: TAHUDE FOUNDATION 16 2. ONE-OFF FUNDRAISERS 17 CASE STUDY: RAFODE 19 CASE STUDY: SOLARIS OFFGRID 20 3. MEGA-CAMPAIGNS 22 4. P2P MICROLENDING 23 CASE STUDY: EMERGING COOKING SOLUTIONS 24 5. ONLINE DEBT-BASED SECURITIES 26 CASE STUDY: SIMUSOLAR 27 CASE STUDY: AZURI TECHNOLOGIES 29 5.EQUITY CROWDFUNDING 31 CASE STUDY: TRINE 32 3 INTERVENTIONS TO CATALYSE FUNDING 34 4 CROWD POWER UPDATE 37 CONCLUSION 39 REFERENCES 41 This material has been funded by UK aid from the UK government; however the views expressed do not necessarily reflect the UK government’s official policies. Published December 2018 Design: www.dougdawson.co.uk Front cover by C.Schubert BIOS Davinia Cogan Peter Weston Davinia Cogan is the Programme Peter Weston is the Director of Manager of Crowd Power at Energy Advisory Services at Energy 4 Impact. 4 Impact. She runs the UK aid He manages a team of consultants funded programme, which explores that advises off-grid SMEs in Sub the role of incentives to stimulate Saharan Africa and helps them to donation, reward, debt and equity implement new business models crowdfunding in the off-grid energy and technologies. He is an expert sector in Sub- Saharan Africa and in power, renewables and off- South Asia.
    [Show full text]
  • BBB Wise Giving Guide
    TM E D I U G WBBB WISI E SEGIVING ALGLIANICEV : SUI MMNGER/FALL 2013 CROWDFUNDING for Charitable Causes ® INSIDE How to Read the 10 List of National 2 Charities Q&A about the 50 CROWDFUNDING Wise Giving ® for Charitable Guide Causes National Charity 51 Seal Program A Publication of the Standards BBB Wise Giving Alliance 12 52 for Charity List of Nationally Accountability Soliciting Charities The Wise Giving Guide is published three times a year to help donors make more BBB Wise Giving Alliance Board of Directors informed giving decisions. This guide includes a compilation of David Ormstedt – Chair Paulette Maehara Attorney/Consultant • Bloomington, IN President (retired) the latest evaluation conclusions (former Assistant Attorney General in charge Association of Fundraising Professionals completed by the BBB Wise of Charities Bureau, Connecticut) Giving Alliance. Char Mollison Myrl Weinberg – Vice Chair Faculty and Program Coordinator President, National Health Council Nonprofit Management Program, If you would like to see a Washington, DC Johns Hopkins University • Washington, DC particular topic discussed Mark Shamley – Treasurer Patrick Rooney in this guide, please email President, Association of Corporate Executive Director, Center on Philanthropy at suggestions to Contributions Professionals • Orlando, FL Indiana University • Indianapolis, IN [email protected] Audrey Alvarado – Secretary Claire Rosenzweig or write to us at the Vice President, Nonprofit Roundtable of President, BBB/Metropolitan New York address below. Greater Washington • Washington, DC New York, NY Holly Cherico Jack Siegel SUMMER/FALL ISSUE 2013 Director, Marketing & Communications, Charity Governance Consulting LLC The Kingsbury Center • Washington, DC Chicago, IL BBB Wise Giving Alliance Jocile Ehrlich Cass Wheeler 3033 Wilson Blvd.
    [Show full text]
  • Id/Eprint/1023
    LBS Research Online G Dushnitsky and M Fitza Are we missing the platforms for the crowd? Comparing investment drivers across multiple crowdfunding platforms Article This version is available in the LBS Research Online repository: https://lbsresearch.london.edu/ id/eprint/1023/ Dushnitsky, G and Fitza, M (2018) Are we missing the platforms for the crowd? Comparing investment drivers across multiple crowd- funding platforms. Journal of Business Venturing Insights, 10 (e00100). ISSN 2352-6734 DOI: https://doi.org/10.1016/j.jbvi.2018.e00100 Elsevier https://www.sciencedirect.com/science/article/pii/... Users may download and/or print one copy of any article(s) in LBS Research Online for purposes of research and/or private study. Further distribution of the material, or use for any commercial gain, is not permitted. Are We Missing the Platforms for the Crowd? Comparing Investment Drivers Across Multiple Crowdfunding Platforms Gary Dushnitsky Markus Fitza London Business School Frankfurt School of Finance and Management Abstract Crowdfunding platforms have attracted the attention of practitioners and scholars alike. The term ‘crowdfunding’, first coined in the early 2000s, describes a new institutional form in the financial markets which utilizes digital platforms to originate and aggregate funding. There is abundant research on the topic. Yet extant work mainly consists of single-platform studies. We argue that observing patterns on one platform does not necessarily advance our understanding of other platforms. Specifically, we use data from eight major crowdfunding platforms to conduct a variance decomposition analysis of funding success. The findings suggest factors associated with success in a given platform do not replicate to the other platforms.
    [Show full text]
  • Philanthropy in Armenia
    1 This policy research was conducted by: "NGO CENTER" Civil Society Development NGO Address: RA, c. Vanadzor Khorenatsi str. 6/1 Phone: +374 322 43315, +374 91743315 Web Site՝ www.ngoc.am E-mail: [email protected], [email protected] Research Officers: Mrs. Arpine Hakobyan Mrs. Gayane Martirosyan This document was developed as part of the Technical Assistance Support in Armenia managed by ECNL Stichting. The project is made possible by the International Center for Not-for-Profit Law (ICNL) through the Civic Space Initiative. This material is also supported under the framework of the Action “Monitoring Progress, Empowering Action”, implemented with the financial support of the European Union. This publication was produced partially with the financial support of the Government of Sweden and the European Union. The Government of Sweden does not necessarily share the opinions here within expressed. The contents of this publication are the sole responsibility of the authors and do not necessarily reflect the views of the European Union. 2 Table of Contents Introduction ............................................................. 4 Banking System In The Context Of Philanthropy .... 31 CSO Fundraising Experience .................................. 33 Fundraising Tools Of Armenian CSOs ..................... 36 Institutional Foundations Of Fundraising ...............45 Conclusions ............................................................ 47 Recommendations .................................................. 51 3 Philanthropy research in Armenia Policy Research Report Introduction Currently, the non-profit sector is the largest channel of initiating and implementing philanthropic actions in Armenia, although the sector faces different kinds of challenges, and needs government support for growth and sustainability. The government should acknowledge the key role of civil society organizations in society’s democratization process and should make further legislative changes to provide good opportunities for their engagement and growth (Minasyants 2014).
    [Show full text]
  • Jun Zhang (10742239) Msc
    To Which Extend Do Material Incentives Matter? A Study on Backers’ Motivation behind Crowdfunding Behaviour Master Thesis Student: Jun Zhang (10742239) MSc. in Business Administration - Entrepreneurship and Innovation Faculty of Business and Economics of UvA Supervisor: First Supervisor: Dr. G.T. Vinig Second Supervisor: Dr. W. van der Aa Date: 26 Jun 2015 (Final Version) Statement of Originality This document is written by Student Jun Zhang, who declares to take full responsibility for the contents of this document. I declare that the text and the work presented in this document is original and that no sources other than those mentioned in the text and its references have been used in creating it. The Faculty of Economics and Business is responsible solely for the supervision of completion of the work, not for the contents. Page 2 of 91 Contents Acknowledgement ..................................................................................................................... 5 Abstract ...................................................................................................................................... 6 1. Introduction ........................................................................................................................ 7 1.1 Academic Relevance ................................................................................................. 10 1.2 Managerial Relevance ............................................................................................... 11 1.3 Thesis Outline ..........................................................................................................
    [Show full text]
  • Access to Capital Directory
    State of Nevada Department of Business and Industry Access to Capital Resource Directory Page | 1 GRANTS Government grants are funded by your tax dollars and, therefore, require very stringent compliance and reporting measures to ensure the money is well spent. Grants from the Federal government are authorized and appropriated through bills passed by Congress and signed by the President. The grant authority varies widely among agencies. Some business grants are available through state and local programs, nonprofit organizations and other groups. These grants are not necessarily free money, and usually require the recipient to match funds or combine the grant with other forms of financing such as a loan. The amount of the grant money available varies with each business and each grantor. Below are some resources to grant searches and specific grant opportunities: Program/Sponsor Product Details Contact Information There is a loan/grant search tool (Access Business.usa.gov Financing Wizard). Mostly loans here but Support Center some grant possibilities. SBA has authority to make grants to non- For Clark County Only – profit and educational organizations in Phone: 702-388-6611 many of its counseling and training Email: Roy Brady at SBA-Government programs, but does not have authority to [email protected] Grant Resources make grants to small businesses. Click on the 'Program/Sponsor" link for articles on Outside of Clark County – government grant facts and research Phone: 775-827-4923 Email: [email protected] grants for small businesses. Grant program assistance is provided in many ways, including direct or guaranteed loans, grants, technical assistance, Nevada USDA service centers by USDA Rural research and educational materials.
    [Show full text]
  • Equity Crowdfunding: a Market for Lemons? Darian M
    College of William & Mary Law School William & Mary Law School Scholarship Repository Faculty Publications Faculty and Deans 2015 Equity Crowdfunding: A Market for Lemons? Darian M. Ibrahim William & Mary Law School, [email protected] Repository Citation Ibrahim, Darian M., "Equity Crowdfunding: A Market for Lemons?" (2015). Faculty Publications. 1792. https://scholarship.law.wm.edu/facpubs/1792 Copyright c 2015 by the authors. This article is brought to you by the William & Mary Law School Scholarship Repository. https://scholarship.law.wm.edu/facpubs IBRAHIM_4fmt 1/3/2016 1:00 PM Article Equity Crowdfunding: A Market for Lemons? Darian M. Ibrahim† INTRODUCTION Everything is online now—the way we connect with others, the way we shop, even some forms of education. We keep up with friends on Facebook we cannot see in person, buy light bulbs from Amazon rather than making a trip to the hardware store,1 and obtain an MBA at night on our computers from the comfort of our own home after the kids have gone to bed.2 One area that has initially resisted the move to cyberspace, howev- er—eschewing the virtual world for the real one—is entrepre- neurial finance. Venture capitalists (VCs) and angel investors have long valued close networks and personal relationships when select- ing which entrepreneurs to fund, and they closely monitor their investments in person after they fund.3 These practices lead to intense locality in funding—i.e., investors funding entrepre- † Professor of Law, William & Mary Law School. My thanks to Brian Broughman, Joan Heminway, Don Langevoort, Alan Meese, Nate Oman, Ja- son Parsont, Gordon Smith, participants in a faculty workshop at Washington & Lee for helpful feedback on this Article.
    [Show full text]
  • The Crowdfunding Book
    Praise for The Crowdfunding Book: If you have a business dream and need a little (or a lot) of cash to get it going, Patty Lennon's insights will be invaluable. - Shawn Hull, Successful Crowdfunder and Owner, Hull’s Happiest Days Designs Until I read Patty Lennon's book, I always thought of crowdfunding as a way to raise money. Once I understood her approach I saw the tremendous marketing potential of crowdfunding. I can't think of a better or more cost-effective way to build a community of people who support you and your message. - Angela Lauria, President, The Author Incubator Patricia Lennon is the source for the crowdfunding industry. This book will help explore the topic and give a better understanding to all who are interested in learning more. - Amanda L. Barbara, Vice President, Pubslush Patty Lennon takes the mystery out of crowdfunding in The Crowdfunding Book. Her practical and engaging approach will help thousands of people launch successful campaigns and raise the funds to realize their dreams. - Brenda Bazan and Nancy Hayes, CoFounders, MoolaHoop THE CROWDFUNDING BOOK: A How-to Book for Entrepreneurs, Writers, and Inventors Patty Lennon The Crowdfunding Book: A How-to Book for Entrepreneurs, Writers, and Inventors Patty Lennon © 2014 Patty Lennon All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any information storage and retrieval system, without permission in writing from the publisher and author. Reviewers may quote brief passages in reviews. Published by Difference Press, Washington DC Difference Press, and the Difference Press wax seal design are registered trademarks of Becoming Journey LLC.
    [Show full text]
  • Crowd Power – Success & Failure, the Key to a Winning Campaign
    CROWD POWER Success & Failure: The Key to a Winning Campaign Davinia Cogan and Simon Collings 1 CONTENTS 1.0 Executive Summary ...................................................................................................................................3 2.0 Introduction ....................................................................................................................................................5 3.0 The Layers of Success ..............................................................................................................................7 3.1 Donation .........................................................................................................................................................11 3.1.1 Choosing the Right Platform....................................................................................................................................................................11 3.1.2 The Campaign Period ..................................................................................................................................................................................13 3.1.3 Implementing Campaign Goals & Success into the Future .......................................................................................16 3.1.4 Q&A – Kenya Green Supply ..............................................................................................................................................18 3.2 Reward ..........................................................................................................................................................
    [Show full text]
  • Dare to Venture: Data Science Perspective on Crowdfunding Ruhaab Markas Southern Methodist University, [email protected]
    SMU Data Science Review Volume 2 | Number 1 Article 19 2019 Dare to Venture: Data Science Perspective on Crowdfunding Ruhaab Markas Southern Methodist University, [email protected] Yisha Wang Southern Methodist University, [email protected] Follow this and additional works at: https://scholar.smu.edu/datasciencereview Part of the Entrepreneurial and Small Business Operations Commons Recommended Citation Markas, Ruhaab and Wang, Yisha (2019) "Dare to Venture: Data Science Perspective on Crowdfunding," SMU Data Science Review: Vol. 2 : No. 1 , Article 19. Available at: https://scholar.smu.edu/datasciencereview/vol2/iss1/19 This Article is brought to you for free and open access by SMU Scholar. It has been accepted for inclusion in SMU Data Science Review by an authorized administrator of SMU Scholar. For more information, please visit http://digitalrepository.smu.edu. Markas and Wang: Data Science Perspective on Crowdfunding Dare to Venture: Data Science Perspective on Crowdfunding Ruhaab Markas1, Yisha Wang1, John Tseng2 1Master of Science in Data Science, Southern Methodist University, Dallas, TX 75275 USA 2Independant Consultant Dallas, TX 75275 USA {Rmarkas, YishaW}@smu.edu, [email protected] Abstract. Crowdfunding is an emerging segment of the financial sectors. Entrepreneurs are now able to seek funds from the online community through the use of online crowdfunding platforms. Entrepreneurs seek to understand attributes that play into a successful crowdfunding project (commonly known as campaign). In this paper we seek so understand the field of crowdfunding and various factors that contribute to the success of a campaign. We aim to use traditional modeling techniques to predict successful campaigns for Kickstarter.
    [Show full text]
  • The State of the Crowdfunding Nation Documenting the Global Rise of Efinance & the Efunding Escalator
    Mapping - The State of The Crowdfunding Nation Documenting The Global Rise of eFinance & the eFunding Escalator HEADLINE EDITION QUARTER TWO 2014 THE FULL REPORT IS AVAILABLE NOW AT thecrowdfundingcentre.com/report Mapping - The State of The Crowdfunding Nation | 2 Mapping - The State of The Crowdfunding Nation Documenting The Global Rise of eFinance & the eFunding Escalator HEADLINE EDITION QUARTER TWO 2014 THE FULL REPORT IS AVAILABLE NOW AT thecrowdfundingcentre.com/report From TheCrowdfundingCentre.com W: TheCrowdDataCenter.com E: [email protected] 'For the first time we can see how Crowdfunding is spreading and the map makes it real and shows how present and pervasive it already is. This is a great achievement and a breakthrough for us all showing how differently countries, states and cities are doing relative to each other and their neighbours.' Sherwood (Woodie) Neiss partner, Crowdfund Capital Advisors & one of the architects of the USA’s JOBS act Jason Best welcomed the report saying "Data is critical in driving the development of any industry and none more than crowdfunding. The ability to document money invested, jobs created, sales growth, new company starts, etc are all vital to demonstrate to regulators and investors that this market is the modern finance market and one that should be embraced." Jason Best, Co-Founder at Crowdfund Capital Advisors & Co-Architect or the JOBS ACT "This report is a crucial development for our field. With such a fast moving market, growing exponentially, it is extremely important that policy makers, educators and professionals have a resource to track funding patterns. The Crowdfunding Centre has laid the foundation for a data set that can change the industry." Dr Richard Swart, Global Crowdfunding & Alternative Finance Researcher, University of California, Berkeley and about The Crowdfunding Centre: @CrowdfundCentre just found out about you.
    [Show full text]