Tag Archives: fulfillment

Fine Line Between Crowdfunding Fraud and Bad Business Judgment

Failed crowdfunding companies may come close to committing fraud. Such is the story of Kanoa, the wireless earbud firm that displayed signs of failure at various stages, but no one person had all the facts to conclude that the company … Continue reading

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

When Is Crowdfunding Failure Fraud?

Is there a thin line between failure and fraud? Some crowdfunding donors are starting to get angry that crowdfunders are taking their cash and not delivering on their promises. However, Professor Ethan Mollick of the Wharton School found that: 9% … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, fine, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, unfair and deceptive practice, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Avoid Crowdfunding Disasters

Tips on how to avoid a crowdfunding disaster include: have a cynic on the management team who can anticipate how things will go wrong; double your budget for the cost of building your product (remember Murphy’s Law); triple the estimate … Continue reading

Posted in accredited investor, Consumer Financial Protection Bureau, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Secrets Revealed !

The secrets to a successful crowdfunding campaign have been found by a University of Buffalo School of Management study that says: “high quality photos and video, previous crowdfunding success and positive comments from backers are the keys to a successful … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, States, technology, unfair and deceptive practice, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

New Crowdfunding Study Starting

You can help determine what makes crowdfunding tick. Prof. Ethan Mollick, a leading crowdfunding scholar at Wharton, is conducting a new study about crowdfunding hrough Kickstarter. Although he has listed a number of questions on his webpage, it appears that … Continue reading

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Washington State Sues Crowdfunder

Washington State’s Attorney General filed a lawsuit against a crowdfunder who raised over $25,000 from 810 backers on Kickstarter and failed to deliver the promised product for more than 16 months. The AG calls this “crowdfunding theft.” In other words, … 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 | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The Shame of Crowdfunding

As noted previously, the crowd funding phenomena has created a new class of consultants who, according to a WSJ article, get 5% to 13% of the net take and have earned  $20-30,000 per year. These professionals create buzz about their … 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, Investments, Jobs, Legislative Intent, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment