Monthly Archives: March 2013

Crowdfunding for a Cause

Posted on March 26, 2013 by

Movie star Karen Black (“Easy Rider,” “Five Easy Pieces”), 73, was first diagnosed with ampullary cancer in November 2010. With little savings and living on a pension, she has turned to the crowdfunding website GoFundMe to raise up to $22,000 … Continue reading →

Posted in Charity, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Legislative Intent, SEC, Small Business, States, Tax | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Studio Cops to Kickstarter Campaign

Posted on March 26, 2013 by

Warner Bros. CEO Kevin Tsujihara apparently acknowledged that it was the studio, not an independent producer, who orchestrated the Kickstarter campaign for the Veronica Mars movie. The CEO’s strategy is to  balance the maintenance of profits from traditional sources while … Continue reading →

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Legislative Intent, SEC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Can VCs and Crowdfunders Coexist?

Posted on March 25, 2013 by

At the SXSW festival, AOL founder and serial entreprenuer Steve Case says “yes.” There, he endorsed crowdfunding as a way for companies in regions of the US not well served by venture capitalists to find capital. This local validation will … Continue reading →

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

ABA Weighs In on Crowdfunding

Posted on March 25, 2013 by

The American Bar Association’s Business Law Section, a group of influential securities attorneys, last week filed their (belated?) comments with the Securities and Exchange Commission on the Crowd Fund Act. Because many of these lawyers used to be on the … Continue reading →

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Will The Walking Dead Crowd Fund?

Posted on March 22, 2013 by

Will “zombie startups” try to access capital through crowdfunding? The Wall Street Journal defines these companies as consumer and e-commerce businesses that have just enough capital to keep the doors open for awhile, but they aren’t growing fast enough to … Continue reading →

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Getting Back to the Starting Gate

Posted on March 20, 2013 by

With the Senate Banking Committee overwhelmingly approving the President’s nomination of Mary Jo White to be the new Chairman of the Securities and Exchange Commission by a vote of 21-to-1, we may be one step closer to crowd funding regulations. … Continue reading →

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment