Tag Archives: revenue

Crowdfunded Abortion Film Claims Theaters Turning Away Crowds

The makers of the crowdfunded film “Gosnell: America’s Biggest Serial Killer” (a movie about the notorious convicted abortion doctor) are claiming that theaters are turning away its audience. Not because it’s a sellout (although the filmmakers claim that’s one of … Continue reading

Posted in accredited investor, balance, checkbook, 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

Fake News Busting Site Snopes Crowdfunding For Survival

The popular myth- and fake news-busting website Snopes is now crowdfunding in order to, apparently, fend off a hostile takeover by its web host. The GoFundMe page says that “vendor will not acknowledge the change in contractual status and continues … Continue reading

Posted in balance, Charity, 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, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Tax Matters*

Not fair? Wisebread notes that crowdfunding campaigns for charitable causes could result in the web portal filing an IRS Form 1099 that would indicate that you received income during the year. The site suggests that if you do that “make … Continue reading

Posted in accredited investor, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Department of the Treasury, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Uncategorized, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

A Twist On VC Investing

If you’re a bootstrapped company with $10,000/month in revenue and need some cash, you may want to look to Indie.vc. Indie.vc claims to be a non-VC VC. They make small investments (now up to $500,000) in exchange for equity (~8%) … Continue reading

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

Crowdfunding Factoid #6: Possible Number of Issuers

According to the Securities and Exchange Commission, to get a feel for the number of possible crowdfunding issuers, from 2009 to 2014, there were approximately 4,559 issuers per year in new Regulation D offerings with offer sizes of up to … Continue reading

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Crowdfunding Tax

States are now hip to collecting sales tax on rewards-based crowdfunding. Washington State has issued a release that says that “the project creator is required to collect sales tax on donations if you provide retail services (such as meals), digital … Continue reading

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

Funding Portals Must Comply With Anti-Money Laundering Laws

Those funding portals who are subject to assuring compliance with anti-money laundering laws should take note of the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) 6 principles of compliance: engaged leadership; compliance should not be compromised by revenue interests; … Continue reading

Posted in Banking, Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Legislative Intent, SEC, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment