Senate Passes Crowdfunding Bill 73-26 (With Protections)

crowdfunding4567

Crowdfunding is closer to reality!

Well, this just in from a dispatch on Capitol Hill: The Senate has passed legislation that will essentially legalize crowdfunding in startups by practically anyone, even your mom. U.S. Senators Scott Brown (R-Mass.), Jeff Merkley (D-Oreg.), and Michael Bennet (D-Colo.) collectively introduced the “CROWDFUND Act” (S. 2190) earlier this month, which adds measures to the House of Rep’s now well-known JOBS Act to ensure that companies would be able to use SEC-approved crowdfunding platforms to raise money from “small-dollar investors.”

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Honda wants dealers to install CNG refueling stations

CNG refueling

Natural gas home refueling appliance.

The only automaker currently selling natural gas-powered passenger car s in the U.S.  is Honda. The Japanese automaker wants to double sales of its Honda Civic Natural Gas sedan and to do so it wants some of its dealers to install compressed natural gas (CNG) refueling stations.

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Overnight success a myth

overnight success

There can be years of decisions, learning, analysis, thought and effort to become an “overnight success”.

Rovio spent eight years and almost went bankrupt before finally creating their massive hit Angry Birds.  It was their 52nd game they had created. Pinterest is one of the fastest growing websites in history, but struggled for a long time. Pinterest’s CEO recently said that they had “catastrophically small numbers” in their first year after launch, and that if he had listened to popular startup advice he probably would have quit.

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Dollar Shave Club a viral web sensation, but can it become a viable business?

[youtube]http://www.youtube.com/watch?v=ZUG9qYTJMsI&hd=1[/youtube]
DollarShaveClub.com’s viral video cost just $4,500 to make and has millions of views.

If you haven’t seen the hysterical viral ad by the new start-up company Dollar Shave Club, you’re missing out. In just under a week, more than 3 million people have watched the ad campaign on YouTube, which cost just $4,500 to produce.

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Newspaper: America’s Fastest Shrinking Industry

newspapers top shrinking-industry

Are you working for the fastest shrinking industry in the United States? You are, if you’re working for a newspaper according to this study by LinkedIn and the Council of Economic Advisors.

The fastest-growing industries include renewables (+49.2%), internet (+24.6%), online publishing (+24.3%), and e-learning (+15.9%). Fastest-shrinking industries were newspapers (-28.4%), retail (-15.5%), building materials (-14.2%), and automotive (-12.8%)…

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The health insurance industry could be destroyed by a $1000 test

DNA test

The Genetic Information Nondiscrimination Act bars insurers from denying coverage or raising premiums on individuals who show a genetic predisposition toward particular diseases.

The cost of sequencing an individual genome will soon be less than $1,000, reports the New York Times. That’s not nothing, but given what most health care costs, it’s not much. And it means that an individual mandate — or something much like it — is inevitable.

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