New Crowd Funding Site Helps Companies Raise Time

The cool thing about crowdfunding is that it started as a way to raise donations (eg, public radio) then morphed into rewards, then into equity and now CrowdRaising is starting a platform where you “donate” your time instead of money.

“Currently 86 people have promised to devote 633 hours to tasks such as advising CrowdRaising on its app usability or helping to plan social media promotion.”

Founders will charge companies based on hours raised. The platform intends to let entrepreneurs offer equity also.
http://www.inc.com/sonya-mann/crowdraising-crowdfunding-time.html

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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