Monthly Archives: June 2016

Small Donations Crowdfund Impeachment Defense

Supporters of impeached Brazilian President Rousseff are crowdfunding her defense, raising as of now ~$20,370 in small donations of ~$3 on the website Dilma.com.br. Rewards will include an autographed digital photo and a video of thanks. The interim government has … Continue reading

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Amazon Creates Launchpad To Market Crowdfunded Startups’ Products

What’s the most important element for business? Customers! So, when Amazon considered getting into the crowdfunding platform market, they decided that it was too crowded and that their expertise was product marketing. As a consequence, it created Launchpad, a site … Continue reading

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Crowdfunding Scientist Grows Food In Martian-Like Soil

Would Matt Damon really eat Martian potatoes? Based on crowdfunded research from Dutch Wageningen University and Research Center, vegetables will grow in faux Martian soil even though it contains high levels of arsenic, lead and cadmium. The fertilizer will contain … Continue reading

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Crowdfunding Tennis Player At Wimbledon

Low ranked British tennis player Marcus Willis crowdfunded his touring expenses, met a fascinating woman and is now a possible contender at Wimbledon. Raising donations to help him achieve his “childhood dreams,” his girlfriend convinced Willis to stay in the … Continue reading

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Paramount Limits Crowdfunding For Fan Films

As reported here and elsewhere, Paramount and CBS have sued the producers of the crowdfunded Star Trek fan film. Whilst the lawsuit has not yet been dismissed, Paramount has published its new guidelines for the production of fan films, including: … Continue reading

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University of Maryland Approves $25 Million For Startups

The University of Maryland approved a $25 million Early Stage Investment Fund that will invest in UMD-affiliated companies, including start-ups based on UMD-owned intellectual property, companies founded by UMD faculty, students, or recent graduates, and companies located in UMD research … Continue reading

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U.S. Track Star Crowdfunding Defense vs. Nike

U.S. track star Boris Berian is crowdfunding his defense in a lawsuit filed by sportswear behemoth Nike. Nike sued Berian after letting his endorsement contract expire when Berian started running in New Balance shoes. Nike claims that Berian is still … Continue reading

Posted in balance, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Jobs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding DAO Fund Hacked

The Decentralized Autonomous Organization (DAO) raised $150 Million crowdfunding a new investment fund to finance ventures that would advance the crypto-currency Ethereum. Investors traded cash for Ethereum and got tradable DAO tokens in return, which gave them the right to … Continue reading

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Crowdfunding Dad Arrested for Bank Robbery

Unhappy Father’s Day story and sad end to guy on crowdfunding website who was arrested for bank robbery. Bradley Wimmer, a single father of 3 in Virginia, had a GoFundMe campaign to raise money to help him become a physician … Continue reading

Posted in accredited investor, Banks, Charity, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Jobs, Legislative Intent, SEC, Small Business, VC | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Bank Kills Crowdfunding Effort

With the new Securities and Exchange Commission crowdfunding rules just effective, NextRX, a cannabis-related software firm began a fundraising campaign through StartEngine Crowdfunding in Los Angeles. Two days later, the web portal pulled the plug on the campaign. The SEC’s … Continue reading

Posted in accredited investor, Banking, Banks, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Dodd Frank, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, States, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment