2,964 crowdsourcing and crowdfunding sites
Greg Kelly, founder and CEO of the new Brazilian equity crowdfunding platform EqSeed, writes in to discuss the equity crowdfunding space in Brazil, obstacles to growth, and the promising regulatory landscape in the country.
In this end-of-week edition of Crowd Coffee: beware the crowdfunding caveats; a new crowdfunding platform focuses exclusively on MedTech; crowdsourcing in the animal kingdom; the sharing economy, outdoors; and more.
Two of UK's leading equity crowdfunding platforms, Seedrs and Crowdcube, announced that they've raised capital of their own over the past few days. We take a look at the deals, after the jump.
In this Crowd Coffee: Indiegogo waits for equity crowdfunding; Colorado signs off on new equity crowdfunding rules; luxury brands are beginning to embrace open innovation; debating the validity of the term 'sharing economy'; and more.
When a company decides to engage the crowd, getting a large number of responses is typically one of the main goals. The reasoning behind that is intuitive: by casting a wide net, a company increases the chances of finding a quality solution. But is getting a ton of responses really all that great? A new research paper shows the potential negatives of attracting a crowd too large.
In this Crowd Coffee: Elio 'crowdfunds' $25 million; Ellenoff on Title II crowdfunding; Weathernews continues to expand crowdsourced weather network; Google shows a store's busy times by crowdsourcing your visits; the sharing economy's relevance; and more.
In April 2014, Washington’s Attorney General Bob Ferguson decided to take Ed Polchlopek (also known as Ed Nash) to court. The reason? Polchlopek, president of a company called Altius Management, raised over $25,000 for a Kickstarter campaign for a deck of playing cards called Asylum. After missing the December 2012 deadline and several months of empty promises, the creator went silent in July 2013. Two years on, Polchlopek has now been ordered to pay over $54,000 for not delivering on the campaign’s promises.
In this Crowd Coffee: another crowdfunding campaign owner penalized for not delivering rewards; crowdfunding classroom needs; crowdfunding as an investment leveler; Weathernews partners with Moji for crowdsourced weather; and more.
Each fraudulent crowdfunding campaign not only undermines the credibility of its creator, but of the entire industry. There are a few resources out there tracking suspicious crowdfunding projects, and we reached out to Rafał Wrona, creator of CrowdFrauds, to find out how he became interested in crowdfunding fraud, and what backers can do to prevent themselves from getting duped.
In this Crowd Coffee: Smithsonian increases Kickstarter spacesuit campaign goal; European Securities and Markets Authority issues warning on crowdfunding; crowdsourcing Istanbul's future; sharing economy for business travel heats up; and more.
From an economics perspective, companies like Amazon Mechanical Turk (AMT) and Uber are highly interesting; it’s not difficult to see why GOP candidates have embraced them. By reducing rigidities (like the time it takes to apply and interview for jobs, or minimum wages), sharing economy startups create more efficient labor markets. At a time when almost anyone can sign up on Postmates and earn money as a courier, unemployment can seem to be a truly voluntary phenomenon.
In this end-of-week edition of Crowd Coffee: a close look at Smithsonian's crowdfunding initiatives; Chloe Sevigny is crowdfunding her new movie; AccuWeather launches crowdsourcing app; looking at the sharing economy's labor problem; and more.
To date, a handful of platforms have had crowdfunded startups make a successful exit. We’ve looked around, spoken with platform operators, and compiled a list of startups that raised money via the crowd and went on to deliver a positive return to these investors (via an acquisition, a share buyback, or an IPO). See the list, after the jump.
In this edition of Crowd Coffee: a breakdown of Virgina's new equity crowdfunding law; analysis of E-Car Club's equity crowdfunding success story; a creative's view on crowdsourcing platforms; partisan clashes over sharing economy continue; and more.
The company claims to have grown 3000 percent in the past year, with the last several months being especially fruitful, raising close to a crore each month (that's 10 million rupees, or around $150,000, monthly). The platform’s recent success seems to come from the visibility it has gotten from celebrity endorsements and partnerships.
In this mid-week edition of Crowd Coffee: another museum turns to the crowd; protesting via crowdfunding; crowdsourcing story ideas for journalists; scientists crowdsource bad data sets; UK creating trustmark for sharing economy; and more.
Pioneers like Zach Braff and the team behind Veronica Mars faced a lot of criticism when they took to Kickstarter to raise money for their projects, as known entities. The RA and Smithsonian aren’t generating the same level of criticism — if any at all. That’s a good thing for crowdfunding: celebrities and big institutions are more likely to put on big, visible projects; deliver on the promises made in the campaign; and raise a lot of money, which is clearly beneficial to the platforms they partner with.
In this Crowd Coffee: crowdfunding keeps gaining popularity in Detroit; Smithsonian turns to Kickstarter to save spacesuit; crowdsourcing Apple's earnings; three reasons to support the sharing economy; and more.
Freelancer, the Sydney-based crowdsourcing marketplace, announced last week that it has partnered with NASA’s Center of Excellence for Collaborative Innovation (CoECI) to create CAD models that can be used by a humanoid robot on the International Space Station.
In this Crowd Coffee: crowdsourcing real estate in Minnesota; MIT's Christian Catalini on equity crowdfunding; Michigan-backed crowdfunding projects hit 97 percent success rate in year one; sharing economy faces a backlash; and more.