Tag Archives: reward

Crowdfunded Microbrewer Disappears Into The Mist

The Kansas City Star has outed Wilderness Brewing, a Kickstarter crowdfunded microbrewery for allegedly disappearing with donor money. It’s two owners raised over $40,000 six years ago to open the beer factory and have failed to do so and have … 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, review, SEC, Small Business | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding To Reward Whistleblowers

The whistleblower who brought down the secret Swiss banking model and served jail time is now crowdfunding for a pot of money to be rewarded to others who blow the whistle on corruption. Trutheum is raising 3,000 ether (cryptocurrency) that … Continue reading

Posted in balance, 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 | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Comes With Tax Issues

Bad news, crowdfunders. Tax professionals are saying that the Internal Revenue Service (and probably your friendly State tax collector) believe that all moneys you receive from crowdfunding is taxable income. Guess what? That DVD reward, it’s considered a “sale” and … Continue reading

Posted in accredited investor, balance, Charity, 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, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfund Leader Kickstarter Releases Its First PBC Report

In 2015, Kickstarter, the “rewards” (as opposed to equity) crowdfunding portal, re-incorporated as a public benefit corporation. Public Benefit Corporations have two goals: maximize value to its shareholders (Kickstarter is a privately held company) and consider and balance the impact … Continue reading

Posted in accredited investor, 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, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

New Crowd Funding Site Helps Companies Raise Time

The cool thing about crowdfunding is that it started as a way to raise donations (eg, public radio) then morphed into rewards, then into equity and now CrowdRaising is starting a platform where you “donate” your time instead of money. … Continue reading

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

Crowdfunding Platform Helps Entrepreneurs Succeed

What does the Lily camera drone, Coolest Cooler and the Zano drone have in common? They are all crowdfunders that failed to deliver after raising an aggregate of over $47 million on Indiegogo, leaving thousands of backers without their money … Continue reading

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

Crowdfunders In A Bankruptcy: Go To The Back Of The Line

Everyone knows that startup financing is risky, especially crowdfunding. Although Kickstarter is requiring companies to show a prototype, the risk of design, production and delivery is still high and many companies fail. What you should know is that when your … Continue reading

Posted in accredited investor, Broker dealers, checkbook, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, deposits, fraud, Funding Portals, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment