Top Ten Crowdfunding Predictions For 2014

shutterstock_142046731-800x752I saw this article published today on the MedCityNews website and found these predictions to be most astute and would like to share them with my readers:


1. Utilizing Social Graphs – Implementing social graph application programming interfaces (APIs) for crowdfunding platforms will make it easy to see friends of friends who are investing in crowdfunding campaigns due to popular social media networks such as Facebook, Google+, Linkedin, Meetup, Pinterest, Twitter, YouTube and others. Data mining and big data services will become very sophisticated services for the crowdfunding industry. Once these services get started it will be very hard for fraudulent companies to succeed because they will vetted by millions of investors working together to form a policing crowd.

2. Predicting the Success of Crowdfunding Campaigns – Investment professionals will develop crowdfunding campaign evaluation systems that break down campaigns into easy to evaluate modules similar to the way the crowd of fantasy football gurus rate individual players based on their performance. Utilizing a crowd to rate crowdfunding deals by various categories will make it easy and simple for large number of non-investment professionals to vet deals together.

3. Growing an Industry Crowdfunding Service Providers (CSPs) – In order to help 229 million new investors vet deals the crowdfunding industry is going to spawn a tremendous amount of new CSPs that will help novice and accredited investors examine equity investment deals to determine potential success or failure. To date our database includes CSPs that provide white label crowdfunding platforms, payment processing, SEC compliance, digital signatures, legal documents, intellectual property (IP), valuation calculators, investment scoring, due diligence, social trust, business planning, marketing, PR and social media and marketing companies.

4. Rising Stars of Crowdfunding Content – The demand for crowdfunding TV programs will grow exponentially to provide content similar to the Shark Tank, but without the bite. Whereas reality TV shows currently feature drama that bashes unprepared entrepreneurs, the American public will be drawn to programming that educates startups on how to launch successful crowdfunding campaigns, build vertical business-to-business crowdfunding platforms as well as how to vet and invest in Crowdfunding equity investment opportunities.

5.Creating Economic Development Centers – For the past 10 years banks have denied small businesses access to startup capital. In a town of 50,000 families, equity crowdfunding will allow each family to invest up to $2,000 per year into local businesses the community needs and wants. This will create an investment pool of $100 million dollars each year that will not only create lots of jobs, but allow everyone in the community to encourage, steer and participate in the prosperity of the community. Investing locally as a crowd will make it easy to vet and assess cooperative crowdfunding deals for the social good of the community.

 

Read more: http://medcitynews.com/2014/01/top-10-crowdfunding-predictions-2014/#ixzz2pC29y43A

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SEC Extends Comment Period for Section 506 Reg D Advertising Rules

Washington, DC – The Securities and Exchange Commission extended the public comment period for proposed, new rules that would govern how businesses can advertise equity offerings to accredited investors under Rule 506 Regulation D.

SEC

SEC

On July 10, 2013, the SEC issued rules that would lift the ban against general solicitations for Rule 506 Regulation D offering as mandated by Title II of the Jumpstart Our Business Startups Act.  The new rules lifted the ban effective September 23, 2013; however, the SEC also proposed for public comment additional rules that would regulate general advertising for Rule 506 offerings.

The comment period for the new rules closed on September 23, 2013, but on September 27, 2013, the SEC said it will reopen the public comment period.

Rule 506 exempts business from registering their securities with the SEC if they are offering and selling their equity only to “accredited investors” under Rule 501 of Regulation D. On July 10, 2013, the SEC also proposed, newadditional rules for public comment that would add restrictions to general solicitations.  The SEC’s new proposals would:

1.   Require the filing of a Form D no later than 15 days in advance of a general solicitation followed by a closing Form D amendment 20 days after the Rule 506 offering. The Crowdfund Intermediary Regulatory Advocates (CFIRA) commented to the SEC that the proposal is  ”inconsistent with the principles of the JOBS Act for general solicitation and advertising.”

2.  Require the placement of  a legend — that is, a disclaimer that the advertising is offering a private placement of securities — with any advertising. CFIRA noted that such a proposal would make it impossible to use services such as Twitter to make an offering.

Continue Reading HERE

 

You’ve Got Funds – Crowdfunding For Startups

Friends (The Beach Boys album)
Friends (The Beach Boys album) (Photo credit: Wikipedia)

 

Here’s information on a new crowdfunding site for startups at www.youvegotfunds.com

 

 

 

At YouveGotFunds, our website connects your new ideas with the world and our business development experts. Not only do we help you get funding, we help you execute your business plan and advise you how to optimize your success.
Need a business license or info on domain names? We can take care of that. Want to file a patent to protect your design? Our network of professionals can help you with the process. We can assist you with a To Do list, estimate your financial costs and provide you a roadmap for marketing. If you need a logo or a website, we have expert designers that can bring your presence to the web and optimize its’ visibility.
YouveGotFunds is dedicated to funding your next big idea. Whether it’s a new business, film, CD, art project, invention, personal cause or technology, we believe in your creativity. We help you gain exposure to a wider audience, find funding and market your concept to transform your dream into reality.
It use to be that when you needed money, you had to go ask the bank for a loan, max out your credit cards or beg your friends or relatives. In today’s world, luckily there are other options. Did you know that Nanolight, the creator of the world’s most efficient light bulb asked for $20,000 to complete their product development? Not only did they reinvent the light bulb, but they found an audience that believed so strongly in their product that they have raised over $135,000 with a month left in their campaign!
With our extensive business background, we have developed multiple start-up companies, derived from an initial concept to numerous successful and productive operations. With a combined 50+ years in business, we can help you raise capital and connect with resources.
We have experience not only, in sales, marketing, and web-based businesses, but our contacts also include legal, accounting, human resources, web design and manufacturing just to name a few. Our team is comprised of all ages and experience. When you join our fund connection, you have access to all these specialties and at discounted rates. We’ve been there: From a brick and mortar retail outlet to an internet company, or a self-publisher, photographer or a Human Resources Generalist. We’ve got you covered. Want to join our network? Click Here.
With Crowdfunding, you have the opportunity to share your vision to the whole world over the internet. ThroughYouveGotFunds.com and our links to Facebook, Twitter, Linked In, Instagram & My Space, you can tell the universe about your projects and plans. You will find people excited and willing to help you because they believe in your idea or cause.
Although this type of funding has been around for decades, it has only recently become a popular and desirable option. Entrepreneurs, artists, college students, senior citizens and more are finding this a powerful tool to validate their ideas, gain worldwide exposure, and raise capital. Ever heard of the Elevation Dock for iphones? Well, if you haven’t, you will soon. It is a newly designed docking station that can be used with or without phone cases. Initially, they had a goal of $75,000. They surpassed their target and raised almost $1.5 million from iphone users that saw an important need.
Even the Beach Boys have turned to Crowdsourcing to find people interested in participating in the making of their new concert tribute film. Finally, remember, Karen the elderly Bus Monitor that was verbally harassed by a bunch of students while trying to keep kids safe on the way to school? A proposal to raise $5,000 for a well needed vacation was suggested and an amazing $700,000 was raised. Now, Karen will most likely be enjoying her retirement.
YouveGotFunds is just as interested in your success as you are, and we will help you reach your goal as quickly as possible. While the completion of your project may often take longer, our recommendations for a fundraising campaign are 30, 45 or 60 days as we have found these are the optimal choices to complete a successful campaign.
Unlike some of the other funding sites, like Kickstarter, our fees are not based on the success of your fundraising. Nor, like Indiegogo are they based on the type of campaign that you choose. YouveGotFunds is positioned to showcase your cause or project and give you more exposure than some of the other sites.
Allow us to help you gain public exposure and funding for your success. Besides you own friends and neighborhood, wouldn’t it be exciting if someone in England or Bangladesh loved your idea and believed in your cause. At YouveGotFunds, we believe in coloring outside the lines and thinking outside the box. If you can dream it, we can support you in making it a reality.

 

 

 

The Rock Impacts Hollywood Crowdfunding

English: Dwayne Johnson at the 2009 Tribeca Fi...
English: Dwayne Johnson at the 2009 Tribeca Film Festival. Photographer’s blog post about this photo. (Photo credit: Wikipedia)

 

English: Dwayne Johnson at the 2009 Tribeca Fi...
English: Dwayne Johnson at the 2009 Tribeca Film Festival. Photographer’s blog post about this photo. (Photo credit: Wikipedia)

 

Hollywood is preparing for what could be a tectonic shift in the way it does business: crowdfunding. While it was locally made, independent films that were the first to latch onto crowdfunding sites like Kickstarter,Indiegogo, and Gofundme, the concept has moved up the film world’s power ladder with West Hollywood production company Five by Five Media forming a strategic partnership with a crowdfunding site called EarlyShares.com, with its sights set on equity rewards for funding films.

 

“Commercially successful entertainment comes from talented people receiving the money they need to execute on great ideas,” said Guy Zajonc, chief executive of Five by Five Media in a statement. “People who watch are about to become the people who invest and we are talking about millions of them. Crowdfunding will fundamentally change this industry and the perfect partner for us is EarlyShares.com”

 

With the likes of Dwayne “The Rock” Johnson, who has 3.6 million Twitter followers, already signed on a a “partner” in the Five by Five Media project, the potential of a crowdfunded movies becomes readily apparent, even if it won’t be fully implementable immediately.

 

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Yesterday’s Crowdfunding Seminar By CJ Cornell of Propel Arizona at SMAZ6

At yesterday’s Social Media Arizona #smaz there were many speakers covering different social media related topics and the one that interested me the most was the Crowdfunding seminar presented by CJ Cornell of Propel Arizona

CJ Cornell is an ASU Professor and the founder of Propel Arizona.

In a nutshell, Propel Arizona is a Crowdfunding platform for Arizona Entrepreneurs.

But it’s much more than funding, Propel Arizona is a way to get all of Arizona involved with innovation, and helping to build the next Google, Apple or Facebook.

Propel Arizona is a broad initiative designed to help drive economic growth in the state of Arizona by providing an environment where people can support and help the entrepreneurial ventures, innovative ideas, projects and the entrepreneurs that build them.

Online, Propel Arizona allows entrepreneurs with projects or ideas that one day may be wildly successful, to engage with the community and enlist their support – financial support and other kinds of important support.

Specifically, Propel Arizona is about “Crowdfunding” entrepreneurs and innovative projects that have the potential to become wildly successful – perhaps in the Facebook-Google-Amazon kind of way that generates jobs, wealth and inspires even more entrepreneurs and new ventures.

Members of the Arizona community can get involved with the excitment of the entrepreneurial startup – from concept to product to market – and become early funders of promising projects.  In the end, helping these potentially high-growth entrepreneurial projects become successful, will help contribute to the overall economic growth and prosperity of all Arizona.  Every Propel Arizona member gets to fill out their own profile page (1), can add projects needing funding and post a blog post promoting their projects.

(1)

Peter Shankman will be the opening keynote speaker for the Crowdfunding Bootcamp

Peter Shankman will be the opening keynote speaker for theCrowdfunding Bootcamp October 9, 2012 at the Ravella in Las Vegas, NV.

Peter Shankman is an entrepreneur, author, speaker, worldwide connector and small business evangelist. Peter is best known for founding Help A Reporter Out, (HARO) which in under a year became the de-facto standard for  journalists looking for sources on deadline, offering them sources around the world looking to be quoted in the media. HARO is currently the largest free source repository in the world.

He is also recognized worldwide for initiating new ways of thinking about social media, PR, marketing, advertising, creativity and customer service. To launch an effective Crowdfunding campaign, you must start with a clear message that can be used to attract potential investors.  Who better to teach this vital principal than Peter Shankman, the master of “Networking through Social Media.”

Read more here.