2,950 crowdsourcing and crowdfunding sites
The campaign was off to a fast start, quickly raising €1m, and breaking the Indiegogo record for the most contributors. To commemorate the occasion, Indiegogo put out a useful infographic, revealing information about the backers of the campaign. Some of the most interesting information was about the backers’ locations: not surprisingly, most of them came from Europe, though Americans also made a good showing, placing fourth behind the UK, Germany, and France.
Is crowdsourcing starting to replace IT outsourcing for medium and large firms? Sal Sarosh of Crowdplat certainly thinks so, and he explains why it's a smart strategy, after the jump.
Alix Cuenin of eYeka, a creative crowdsourcing firm, writes in with an update on a previous article penned by Yannig Roth, in which he documented crowdsourcing examples in ten of the world's eleven top brands. Clearly, crowdsourcing has become a lot more popular since then, as now, 25 of the best brands (according to Interbrand) have made use of the crowd. Check out how they did it, after the jump!
A recent paper by an MIT student found that while income inequality was increasing, the key driver of inequality was real estate ownership. We spoke with Wealth Migrate CEO Scott Picken to get his thoughts on the paper, and to discuss how real estate crowdfunding can potentially help to narrow the income inequality gap.
In the following guest post, regular contributor Thomas Vass of The Private Capital Market, writes in to discuss America's stagnant economic recovery, why he believes angel/VC funding may be responsible for the lack of growth, and why equity crowdfunding may be a solution to drive growth.
We share a guest post from Scott Purcell, serial entrepreneur and founder and CEO of FundAmerica. Purcell keeps a highly informative blog, focusing on equity crowdfunding in the US, and we are publishing his latest post after the jump. In it, he discusses the different ways issuers can find investors for their deals.
Kickstarter, one of the leading crowdfunding platforms in the world, announced on Tuesday that it is opening up to creatives in Germany. Those interested in launching a project can sign up and begin creating their campaign. The earliest projects will open up on May 12. We reached out to Karsten Wenzlaff, founder of the German Crowdfunding Network, to find out what Kickstarter can do to attract German creatives to its platform.
Global crowdfunding experienced accelerated growth in 2014, expanding by 167 percent to reach $16.2 billion raised, up from $6.1 billion in 2013. In 2015, the industry is set to more than double once again, on its way to raising $34.4 billion. These are the figures from Massolution’s highly anticipated 2015CF – Crowdfunding Industry Report, which was released today. The first 50 buyers can purchase the report at half price with the code FIRST50.
SEC commissioners unanimously voted this morning to implement the proposed Regulation A rule changes commonly referred to as Regulation A+. The changes are a part of the JOBS Act, which was voted into law nearly three years ago.
JUST RELEASED: Massolution’s new 150+ page in-depth report on crowdfunding within the high-growth category of real estate investments. For the first time, 2015CF-RE provides comprehensive data on the size and composition of real estate crowdfunding market, and thoughtful analysis on real estate as an asset class and the rapidly growing real estate crowdfunding sector. Buy Now
Want to find out how fast the industry is growing, how big the market is and is expected to be in 2015, and how many investors and developers are turning to real estate crowdfunding? Massolution's research team for 2015CF-RE, which consists of crowdfunding industry thought leaders and real estate domain experts, provides answers to these and many more questions about real estate and real estate crowdfunding.
One of the clearest signs that crowdfunding for real estate is beginning to enter the mainstream is that it was one of the biggest topics at the real estate conference MIPIM, which took place last week in France. The global real estate platform Wealth Migrate had a great presence at the conference, with the founder Scott Picken taking part in the panel ‘Crowdfunding: Industry game-changer?’ You can watch the discussion, as well as Picken's pitch for global real estate crowdfunding, after the jump.
Available 31 March, 2015 - Massolution’s annual Crowdfunding Industry Report’s have become recognized as the most comprehensive, reliable and reality-based assessment of the worldwide crowdfunding industry. 2015CF provides detailed analysis of crowdfunding’s numbers for 2013, 2014 and projections for 2015, analyzing the numbers globally, by region and by model. 2015CF addresses year-over-year changes, which regions and models are growing the fastest or loosing market share, how funding concentration held by the top 5 and top 10 CFPs worldwide and regionally is increasing or tailing off, highest performing crowdfunding categories, number and distribution of CFPs, and much more! Order Now
Wealth Migrate, a South Africa-based real estate crowdfunding platform, is working on an ambitious project to create a more sustainable and better planet for all. The company is leading the Wealth Movement, working with crowdfunders around the world, 21st century businesses and governments to help an extra one billion people to become investors in real estate over the next five years. Find out more about the project after the jump.
The Monetary Authority of Singapore (MAS) published today a consultation paper that sets out the basic framework for a potential equity crowdfunding regulation in the country. The authority is now soliciting comments from interested parties; the comment period will end on March 18.
In late October, Reddit, the popular community-driven news site, announced some exciting news: it was launching a crowdfunding platform called RedditMade. Only three months after the announcement was made, however, the company is ending its crowdfunding experiment.
Tongal, the video crowdsourcing company, enjoyed a strong 2014. The company grew its community by 120 percent, completed 270 projects, and saw five of its community-produced short films premiere at the Sundance Film Festival. Tongal recently released an infographic showing some of its successes of the past year -- check it out after the jump!
Earlier this week, Kickstarter released its annual year recap, highlighting some of the best stories from the past year and revealing the amount of money it raised in 2014. The totals are impressive: 22,252 projects funded to the tune of $529 million — more than $1000 per minute, as the platform pointed out.
Scott Picken, the founder and CEO of the global real estate crowdfunding platform Wealth Migrate, recently sat down and shared some of his biggest lessons learned from 2014, focusing on real estate crowdfunding. Find out what his biggest takeaways from 2014 were, and what his thoughts are on succeeding in 2015 after the jump.
Karsten Wenzlaff, coordinator of the German Crowdfunding Network and a member of the European Crowdfunding Stakeholder Forum, provides a report from the recent Convention of the European Crowdfunding Network. He examines how Europe's countries differ in their crowdfunding regulation, and focuses on France as an example of appropriate regulation.
In October 2014, Malaysia’s Prime Minister, Najib Razak, announced new Digital Malaysia initiatives to further extend the benefits of the "digital economy" to the B40 and to deepen the economic impact of niche sectors. One of the key initiatives is to enhance the standard of living of the B40 community by accelerating existing efforts under Digital Malaysia to help the poor earn new income via crowdsourcing.