Groups Crowdfunding To Transform Terrorist Hangout

Three Belgium groups are crowdfunding in order to raise money to transform the coffee house formerly occupied by the Absalem brothers into a new venue.

Remember those jerks?

They were to terrorists from Molenbeek neighborhood of Brussels who attacked Paris, including the Bataclan theater, on November 13,  2015 in which 130 people were killed and 368 others were injured.

The idea is to erase the stigma of the bistro where Brahim and Salah Abdeslam had become radicalized while continuing their drug trafficking before the attacks.

The groups will be trying to raise about 17,000 Euro to refurbish the building.

https://www.rtbf.be/info/regions/detail_molenbeek-growfunding-pour-transformer-le-cafe-des-freres-abdeslam-en-maison-de-quartier-photos?id=9707011

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Crowd Shames Couple To Take Down Crowdfunding Page

Online bullying has caused this couple to take down their charity crowdfunding page after raising only £55 towards their £6,000 goal.

Wanting to have a “dream wedding” in Italy, the couple (wife works at animal shelter; husband in the service) posted on GoFundMe seeking money from friends and family only IF they wanted to give.

Wife said this was a “”modern and innovative way” for guests to donate to their big day.”

But nooo, over 7,500 people had to troll and shame them for their request. Was the crowd right this time?

http://www.mirror.co.uk/news/uk-news/couple-crowdfunding-6k-dream-wedding-11157388

Posted in accredited investor, balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Funding Portals, Investments, Jobs, Legislative Intent, review, technology | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

UK’s FCA Warns on ICO’s

The United Kingdom’s Financial Conduct Authority has cautioned the investing public that “ICOs [initial coin offerings] are very high-risk, speculative investments.”

Taking a less restrictive approach than the U.S. Securities and Exchange Commission which calls ICO’s “securities” to be regulated and a far less restrictive approach than China which has banned them, the FCA warns investors that:

  • ICO’s are unregulated;
  • with no investor protections;
  • ares subject to large price swings;
  • have a potential for fraud;
  • there is often inadequate documentation; and
  • the offerings are typically early stage projects (which often fail).

So, for now, Brits can participate in ICOs at their own risk.

https://www.fca.org.uk/news/statements/initial-coin-offerings

Posted in accredited investor, balance, Banks, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, fraud, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding For Doggie AirBnB

HouseMyDog, the AirBnB for canines, has overshot its equity crowdfunding target on the UK portal CrowdCube.

Focusing on a supposed £10 Billion market for vacation lodgings for pets, the company believes that people don’t like the boarding alternatives now available and would prefer to hotel their animals with a loving family – for a price.

Not a startup, “[A]lready operating across Ireland, the UK, and Germany, the company has more than 40,000 users and more than 48,000 nights booked to date.”

Wish I had thought of it.

https://www.siliconrepublic.com/start-ups/housemydog_crowdfunding_crowdcube

Posted in accredited investor, balance, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Terrible Dates (Satire, Maybe)

Crowdfunding has made it into the subconscious now with writers dreaming about such things as crowdfunding bad dates.

Based on a (supposedly) true story about a date that ruined a guy’s double paned window (you have to read it to believe it), this journalist is wishing to be reimbursed by the unsuspecting public for ruined dinners and rude men.

Although it’s meant in jest, just wait, there’s sure to be a real campaign for something like this in the near future.

http://www.smh.com.au/lifestyle/life-and-relationships/the-terrible-dates-i-wish-id-turned-into-crowdfunding-campaigns-20170907-gycvu7.html

Posted in accredited investor, Charity, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Legislative Intent, Small Business, technology | Tagged , , , , , , , , , , , , | Leave a comment

“Old World” Cab Company Crowdfunding To Stay Alive Vs. Uber

The last worker-owned “old world” taxi cab company in San Francisco is fighting for its economic life by crowdfunding on the charity site GoFundMe.

Buffeted by Uber and Lyft, the original “green” cab company with a social mission of lowering pollution by using only hybrid vehicles is trying to stave off bankruptcy against the disrupters.

With drivers  leaving to join the competition, Green Cab went from 19 to 7 cabs and now needs a lifeline.

Will the public save this dinosaur?

http://www.sfexaminer.com/sf-taxi-company-turns-crowdfunding-survive-uber-lyft-disruption/

Posted in accredited investor, Charity, checkbook, Citizens Bank, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Equity Crowdfunding Is A Good Business

The United Kingdom’s equity crowdfunding site Seedrs received a vote of confidence as Woodford Investment Management invested another £4 million bringing its total to £10 million.

Helping people raise equity is turning out to be a good business proposition as Seedrs, the second most popular equity crowdfunding site next to CrowdCube, has “funded over 510 deals with more than £250 million invested into campaigns to date.”

The commissions of 5% on that are about £12.5 million.

Seedrs is “now valued at £40 million on a fully-diluted pre-money basis, which represents a 27.2 per cent increase” over 2015’s valuation.

http://www.cityam.com/271346/neil-woodford-invests-another-gbp4m-into-crowdfunding

Posted in accredited investor, balance, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment