Kids Crowdfund To Sue European Countries On Climate Change

Look out for the kids! This summer forest fires in the Leiria region of central Portugal killed more than 60 people and left hundreds injured.

Now, some children there are crowdfunding £35,000 to pay British barristers to sue 47 European countries in the European Court of Human Rights, claiming that their failure to handle climate change threatens their right to life. “These 47 were collectively responsible for roughly 15% of global emissions and held a significant proportion of the world’s known fossil fuel reserves…”

The crowdfunding campaign is being held on the web platform CrowdJustice, which has raised millions to help bring citizen-led cases to court.

https://www.theguardian.com/world/2017/sep/25/portuguese-children-crowdfund-european-climate-change-case-sue-47-countries

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Crowdfunding Irony Day

This is a quote:

“A gay Republican with a sizable social media following, who has criticized Obamacare for “forcing” him to purchase insurance he was sure he’d never need, is turning to crowdfunding after a car accident has left him with medical bills he can’t pay.”

Must be Irony Day…

https://www.lgbtqnation.com/2017/09/gay-republican-attacked-obamacare-nonstop-turns-crowdfunding-medical-bills/

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Yanked Crowdfunder Considers Lawsuit Vs. Indiegogo

Canadian startup Frank, that was to create a $180 smart phone, is contemplating litigation against crowdfunding site Indiegogo.

Indiegogo terminated Frank’s crowdfunding campaign at only 23% of its targeted goal for alleged violations of its Terms of Service.

But Frank claims that it was yanked without fair notice and a chance to cure.

The company is now trying to pre-sell its phones on its own website.

http://pocketnow.com/2017/09/20/frank-attempting-online-store-after-indiegogo-campaign-foreclosure

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Crowdfunded Tiny Homes Considered In Chicago

Would you live in a 160 square foot home?

If you didn’t have a home and lived on the mean cold streets of Chicago (and had other life factors), you might.

Following the lead of Elvis Summers, who crowdfunded the building of tiny houses for the homeless in Los Angeles, Catholic Charities of Chicago is now trying to build seven for homeless veterans.

The LA homes were spare, only a bed and a heater, but it provided shelter, and in Chicago, with notoriously cold winters, they could save lives.

Financing the homes is an open issue at present but crowdfunding in Chicago may be the answer.

http://www.chicagotribune.com/news/local/politics/ct-tiny-houses-chicago-homeless-met-20170919-story.html

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Crowdfunding Lets Fans Become Promoters

Visual  and  audio artists are connecting more than ever with fans through crowdfunding sites like LegionM and Weeshing.

The deal is pretty simple: fans contribute to a film or band that they like which allows the production to happen. In return, the fans get to see the fruits of their investment and potentially profit as the “less hardcore” also buy tickets and enjoy the show.

Like many crowdfunding ideas, these models take the middle man, who provides nominal value, out of the picture and puts fans in a stronger position to experience their favorite artists. It essentially makes the fan the partner with the promoter.

https://weeshing.com/about-weeshing

https://legionm.com/

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Crowdfunding And Other Ways To Raise Capital

Some obvious, some not so. This recent article describes in little detail 20 ways to raise money for your business.

While it provides some good ideas, they’re not fleshed out and additional research is needed to make the discussion helpful to most entrepreneurs.

The better ideas include crowdfunding, friends & family, “customers” (by which she likely means pre-sales), and working with universities.

Some ideas not worth pursuing include asking people to pay you to work for you (likely illegal where there are minimum wage laws), and trying to get money out of institutional mutual funds that typically don’t invest in startups.

Good  start; need more info.

http://www.techbullion.com/20-places-can-raise-funding-business/

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Private Equity Investment Confirms Crowdfunding Valuation

Crowdfunding investors have approved a private equity investment in the United Kingdom’s second largest craft brewer.

The private equity firm, L Catterton, was approved by 99% of the crowdfunding vote to acquire 27.9% of Innis & Gunn for £15 million, which, according to the company, supports the initial crowdfunding valuation.

The initial crowdfunding campaign raised  £2.4 million in November 2016.

https://www.hospitalityandcateringnews.com/2017/09/innis-gunn-accepts-investment-offer/

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