2,876 crowdsourcing and crowdfunding sites
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.
Indiegogo, one of the leading crowdfunding platforms around, announced today the launch of Indiegogo Life, a program that cuts fees on personal crowdfunding campaigns. Though Indiegogo is dropping its fees, there will still be payment processing fees of three percent that users will need to account for. Typically, the platform charges four percent on all successful campaigns, and nine percent on flexible funding ones that don’t meet their goals.
Karsten Wenzlaff, coordinator of the German Crowdfunding Network and a member of the European Crowdfunding Stakeholder Forum, writes in to discuss the proposed crowdfunding regulations in Germany, and shares his concerns about the outcomes the proposals may have on the crowdfunding industry in the country.
In 1995, Microsoft’s then-CTO Nathan Myhrvold asserted that the internet would make the middle man redundant. Myhrvold was ahead of his time, but whether it is travel agents or taxi companies, it is happening today. Crowdfunding, likewise, has the potential to disrupt countless industries.
How fast is crowdfunding growing? How big is the market expected to be in 2015? How many investors and developers are turning to real estate crowdfunding? Pre-order Massolution’s upcoming 2014CF Crowdfunding Industry and 2014CF Crowdfunding Real Estate reports to find out the answers to these questions and many more!
In this Rose Recommends column, crowdfunding coach Rose Spinelli looks at some questionable campaigns, and shares tips on how to make sure your campaign comes off as genuine. Read Rose's advice and leave her your own questions in the comments!
There's much excitement about real estate crowdfunding these days, and for good reason: real estate is an intriguing investment opportunity. Accordingly, many crowdfunding platforms have popped up to help individuals invest their cash into real estate. Scott Picken, founder and CEO of Wealth Migrate, writes in to explain why he believes most of the newcomers will not survive in the long term.
The Durham-based crowdsourcing platform CloudFactory thinks there’s something to be said for the more traditional office experience, with potential employees going through interviews, weekly meetings with supervisors, and the synergies created by working within a team. So in an industry where the workers can sometimes feel as little more than anonymous cogs, it’s taking a very different approach to building out its crowd.
Folio Investing has a lofty goal: it wants to make the management of private securities as simple as public ones. If the company succeeds, it can have drastic effects on the private placement and the emerging equity crowdfunding industries by filling a number of clear needs.
Tilt has a grand vision: it wants to be for crowdfunding what WordPress is for blogging. That is, the San Francisco-based company wants to make it simple and free for people to have a crowdfunding campaign up in minimal time, for anything they think is worth funding. The company has made a series of moves to put its ambitious goals well within reach; indeed, in multiple major ways, the company has already delivered.
Wealth Migrate CEO Scott Picken believes that global real estate crowdfunding can create a “bridge of safety” between the emerging and developed worlds: investors in emerging countries want a way to invest safely in developed world, while people in the first world aren’t happy with the returns they’re getting, and want to invest in the emerging world. Find out how his company is helping to build those bridges after the jump.
Eliza Sporn Fromberg, counsel in the Corporate and Business Law group of Day Pitney LLP, and Norbert Mehl, CEO of Global i Ventures, write in with a checklist of things issuers and investors should know before they engage in accredited investor equity crowdfunding. They touch on everything from choosing the right crowdfunding platform, to the international equity crowdfunding landscape.
Big news came out of France earlier this week: crowdfunding, or financement participatif as it’s known in the nation, is now live. We spoke with Joachim Dupont of the French equity crowdfunding platform Anaxago to get his take on the laws, and the equity crowdfunding landscape in his country.
With news stories emerging daily about crowdfunding for real estate, more and more individuals in the US and abroad are taking note of the new way of investing their money in property. While real estate investing may seem best suited for local opportunities, a recent deal conducted by the international real estate crowdfunding platform Wealth Migrate, founded in South Africa, demonstrates how crowdfunding can open up real estate investing on a global scale.
Crowdfunding expert Rose Spinelli continues to answer your questions about raising cash from the crowd! In this week's 'Rose Recommends' column, Rose discusses how often campaign owners should update their backers, and whether companies can use inventory as perks.
Speak to any recent graduate in the US about their last four years, and one unpleasant topic will invariably come up: student loan debt. It’s a problem that’s grabbed many headlines over the past several years, and for good reason. Two-thirds of graduates are entering the job market with sizeable bills to pay; the average borrower graduates with $26,000 in debt. In total, college debt amounts to $1.2 trillion in the US.
Eugene Leychenko, founder of CrowdfundingCode.tv, continues to explore the numbers behind the record-breaking Coolest Cooler campaign. In the post below, Leychenko explores where the campaign was shared, what perk levels were the most popular, and more.
As in years past, our goal is to continue to build the most reliable and factual source of information on the crowdfunding industry. Our 2013CF report was cited by prestigious organizations across the world like Bloomberg and Reuters, among many others, and we’re looking to ensure that through our efforts in collaboration with CFP operators, we can continue to provide valuable and unique market data.
The Coolest Cooler is now the most-funded Kickstarter campaign, taking the crown from the Pebble smartwatch after 862 days of reign. According to Kickstarter, who updated its blog post about the ‘History of #1,’ the takeover took place at around 10pm Eastern last night.
uBiome, the company that’s sequencing microbiome with the crowd’s help, has raised $4.5 million from VC firm Andreessen Horowitz and angel investors, according to TechCrunch. It’s big news for the company, which has previously received funding from 500 Startups and Y Combinator. It first caught our eye when it was looking to raise $100,000 on Indiegogo; it ended up raising $350,000.