Tag Archives: technology

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

SEC Runs Initial Coin Offering Scam

The newest, fabest ICO (Initial Coin Offering) pre-sale went live yesterday, the HoweyCoin. It offers a 15% bonus if you buy now, a number of executives who don’t exist, over 1% daily returns (go figure) and celebrity promoters. Sound fishy? … Continue reading

Posted in accredited investor, Banks, checkbook, 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, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunders Grouse About Reg. CF

People are grousing that the Securities and Exchange Commission’s Regulation Crowd Funding isn’t helping small business like it should. Although 438 small companies have raised over $105 million since the regulation went effective in May 2016, the complaints about the … 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, fraud, Investments, Jobs, review, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Misleading Crowdfunding For Stem Cell Therapy

The Journal of the American Medical Association (JAMA) published a paper that noted that crowdfunding campaigns used to raise money for generally unproven stem cell therapy are often misleading. The authors studied 408 campaigns to determine how they represented the … Continue reading

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

Crowdfunded Luggage Maker Regulated Out of Business

 A sucker punch in business is when you get hit from behind without warning. Smart suitcase maker Bluestart took it hard. After #crowdfunding $2 million as a startup, it started making luggage that held lithium batteries so you could re-charge … Continue reading

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

Nasdaq Cautious About Crypto-Currencies

The Nasdaq is warming to cryptocurrency trading, but only if it’s regulated. CEO Adena Friedman noted in a talk at the MIT Sloan School of Management that CC’s are securities and buyers deserve protection. Bank of America’s CEO Brian Moynihan … Continue reading

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

Winklevoss Bitcoin Exchange Using Nasdaq Surveillance Software

The Winklevoss Twins’ Gemini (get it?) cryptocurrency exchange is now using the Nasdaq’s SMARTS surveilance software to check for trading anomalies for Bitcoin and Ether in real time. It will also monitor the auctions that Gemini holds weekdays at 4:00 … Continue reading

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