Tag Archives: pre-order

Crowdfunded Business Fails

“A Very Sad Goodbye” is the latest update from Ossic X’s Kickstarter page. Although it is apparently still asking for money, the company says “It is with an extremely heavy heart that we must inform you that OSSIC is shutting … 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, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, Small Business, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Site for Writers

A new crowdfunding site helps authors do two things at once: pre-sell their novel and get noticed by publishers. Although some writers have made a lot of dough (Fifty Shades of Grey has earned over $500M in all of its … 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, Film, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Crowdfunding Consultants Don’t Add Much

As more crowdfunding campaigns are failing to raise their targeted amounts (66% this year vs. 50% last year), more startups are turning to PR firms, Twitter masters and other types of “experts” who promise to raise the campaign’s profile to … Continue reading

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

Crowdfunding Suckers?

Sorry, you 9,522 “backers” of Oculus Rift who donated $2,437,429 in its Kickstarter crowdfunding campaign in September 2012. The Facebook acquisition of the company closed yesterday and you won’t get to share in the $2 billion in cash and stock, … Continue reading

Posted in 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, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Do-It-Yourself Crowdfunding

What do you do if Kickstarter rejects your crowdfunding campaign? The guys at Lockitron decided to do it themselves. Creating their own site, they nabbed pre-orders totaling almost $2.3 million, saved themselves the Kickstarter and funds processing fees (~8%) and … Continue reading

Posted in Broker dealers, 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, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Maybe Crowdfunding Actually Works

The Pebble watch, the startup that crowdfunded over $10 million on Kickstarter, got a mixed review today from Walt Mossberg, the Wall Street Journal’s tech guru. Mossberg said ” I generally found the Pebble helpful…” but “If you have little … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment