Monthly Archives: May 2019

Ride Share Disrupter Crowdfunds

This is the disruption economy. Uber is going public today, following the footsteps of Lyft (how’s that investment going, public? Oh, down 24%…perhaps over-valued?). Yesterday saw the largest car-share drivers’ protest nationally for getting the short end of the stick … Continue reading

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Musician Crowdfunding Site Bankrupt

It’s been circling the drain for awhile. And now, it’s happening. PledgeMusic, the direct-to-fan crowdfunding platform for musicians is declaring bankruptcy. The site has been withholding donations pledged to musicians for months. Co-founder Benji Rogers, in a letter published yesterday, … Continue reading

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Superhero Exhaustion?

Do all good things come to an end? Disney’s “Avengers: Endgame” has booked $2.2 Billion in box office, now beating “Titantic’s” record draw. And yesterday, with the acquisition of 21st Century Fox Studios under its belt, Disney revealed its new … Continue reading

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FTC Files Charges Vs. Crowdfunder

Empty promises have consequences. For crowdfunders who promise goods and fail to deliver, they may be facing a permanent injunction and a request for a  court order freezing their assets. That’s what the Federal Trade Commission has done against Douglas … Continue reading

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Monkeys Beat The Pros

The famed economist Burton Malkiel who wrote the classic “A Random Walk Down Wall Street” prophesied that (paraphrase): a monkey throwing darts at the stock listings could beat an expert money manager. The Wall Street Journal performed the experiment (using … Continue reading

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Facebook To Adopt Cryptocurrency

The world’s largest social media company is planning to adopt a stable coin cryptocurrency. Facebook’s top-secret Project Libra was disclosed by the Wall Street Journal today, noting that the firm has been in contact with dozens of financial service firms, … Continue reading

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Indiegogo To Ban Anti-Vax Campaigns

Crowdfunding portal Indiegogo has determined that non-scientifically based campaigns will no longer be permitted to raise money on its site. The platform instituted this new rule after a “documentary” film campaign raised over $80,000 to produce a movie that vaccines … Continue reading

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