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Looking at the new crowdfunders and the JOBS Act

document Crowdfunding

Looking at the new crowdfunders and the JOBS Act
By John Peabody April 30, 2012

The crowdsourcing site Kickstarter just turned three years old, and the New York Times has a nice profile that explores how the company has evolved and how its changed the way entrepreneurs, artists, and anyone else with an idea can raise capital online. Much as the introduction of cheap Web services lowered the barrier to entry for people seeking to create a start-up, and as offshore manufacturing gave entrepreneurs a chance to make products without having to build a factory, Kickstarter offers budding entrepreneurs a way to float ideas and see if there’s a market for them before they trade ownership of their company for money from venture capitalists.

Read the full article at http://blogs.reuters.com/small-business/2012/04/30/lookingat-the-new-crowdfunders-and-the-jobs-act/

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Tapping into the wisdom of the crowd is nothing new. And now that Kickstarter has beaten the path, there are a few similar, and niche-focused, alternatives to Kickstarter. One interesting development to consider, though, when thinking about the online fundraising space, is the Jumpstart Our Business Startups Act, also known as the JOBS Act.

Tags: Crowdfunding, Crowdsourcing, Jobs Act, Jumpstart Our Business Startups Act, Kickstarter, wisdom of the crowd

Posted by Fritz Schaefer

May 01, 2012 03:27 pm GMT Viewed 931 times

Author: John Peabody Source

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Looking at the new crowdfunders and the JOBS Act

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Looking at the new crowdfunders and the JOBS Act

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