The SEC just made crowdfunding way more interesting for small startups

6A44C398-637A-49B9-A5C2-9AD3A3B1DFB9

Tech funding usually happens in one of two ways. In one scenario, a software or service product— think Twitter — usually sells equity to venture capitalists who expect some kind of return on their investment. Hardware products usually go the crowdfunding route, building up a list of pre-orders that they can then use to pay for manufacturing.

Recently, however, a new Securities Exchange Commission ruling allows small companies to crowdfund equity raises, albeit in ways the aim to keep small investors safe from financial sharks. Using something called Regulation Crowdfunding, the companies were able to raise up to $1.07 million from non-accredited investors (aka you and me). Now, thanks to an update in the rules, they can raise up to $5 million in the same way hardware startups can raise millions on Kickstarter, but instead of delivering a product, these Reg Crowdfunding companies deliver profits or equity.

What this means in practice is that the alternative stock market just got a whole lot bigger. Because nearly any company can run a Regulation Crowdfunding round, you can buy a part of a small company in the same way you can invest in Apple or Amazon. Further, the SEC is “removing investment limits for accredited investors” and is now taking into account salary or net worth when it comes to limiting investments by non-accredited investors, meaning it can approve your investment to a certain income level.

Continue reading… “The SEC just made crowdfunding way more interesting for small startups”

0

Sony is crowdfunding a wearable ‘air conditioner’

 

C591C0F7-FA16-48F3-ADF9-CE278B1C28A5

 

The Reon Pocket helps you stealthily cope with heatwaves and cold winters.

Are you struggling to cope with the heat outdoors? Sony might have a solution, if not as soon as you might like. The company’s First Flight program is crowdfunding a wearable ‘air conditioner,’ the Reon Pocket, that slips into a pouch in a special t-shirt. The stealthy device doesn’t condition the air as such. Rather, it sits at the base of your neck and uses the Peltier effect (where heat is absorbed or emitted when you pass an electrical current across a junction) to either lower your temperature by 23F or raise it by 14F, all without bulk or noise. You could wear a stuffy business outfit on a hot day and avoid looking like you’ve just stepped out of a sauna.

Continue reading… “Sony is crowdfunding a wearable ‘air conditioner’”

0

This smart toothbrush will clean all your teeth in just 6 seconds

Screenshot 2018-11-14 00.27.22

There are plenty of things in life that are a part of our routine. We’ve gotten used to them. They’re comfortable and familiar. And brushing your teeth is a perfect example. You expect to block out three to four minutes every morning and every night to brush every tooth one at a time until they’re squeaky clean.

But not anymore.

The creators of Unobrush have reinvented the way we brush our teeth. And, turns out, they’re absolutely crushing it on KickStarter., where the project is being crowdfunded.

Continue reading… “This smart toothbrush will clean all your teeth in just 6 seconds”

0

Floating city of modular, eco-friendly pyramids is now enrolling citizens

IMG_6677

Pierpaolo Lazzarini envisions wayaland, a floating city made of modular pyramids that offers different living and entertainment facilities including hotels, shops, spas, gyms, bars and cinemas. completed with solar panels and water turbines for energy supply, the project aims to provide a new offshore living experience within a self-sustainable community.

The main waya pyramid comprises different modules that overlap on a floating 54 by 54-meter basement, offering a total surface of about 3000 m2. The basement includes a large entrance for boats and a reception, while the part of each module submerged underwater stores engines, equipment, additional energy sources and generators. dividing the height in ten different floors with a total surface of 6500 m2, the complete waya reaches a maximum height of 30 meters from the waterline.

Continue reading… “Floating city of modular, eco-friendly pyramids is now enrolling citizens”

0

‘Suddenly it was total mayhem’: Australian inventors celebrate success of revolutionary bee hive

IMG_5565

Stuart Anderson and his son Cedar have invented a new bee hive which collects honey via taps and without having to disturb the bees.

Three years ago, a father and son in Australia finally unveiled a device they had spent a decade inventing: a beehive that releases honey via a tap, without needing to handle the bees.

Continue reading… “‘Suddenly it was total mayhem’: Australian inventors celebrate success of revolutionary bee hive”

0

Only 3% of Americans are legally allowed to invest in startups

9677860781_8f985a6513_z

All of the venture capitalists that are worth more than $1 billion are all men. Most of these men have invested in Groupon, LinkedIn, Skype, YouTube, Paypal, Facebook and others. Chances are, you are legally barred from joining their exclusive investors’ club.

Continue reading… “Only 3% of Americans are legally allowed to invest in startups”

0

Is Tilt the future of crowdfunding?

tilt

Tilt is a platform for people to receive money from a group of friends or colleagues.

Reports of the crowdfunding revolution have been greatly exaggerated.James Beshara, chief executive of a crowdfunding company, acknowledges that the crowdfunding revolution has been greatly exaggerated. “The amount of attention it gets far outweighs the number of people using it,” he says. (Video)

 

 

Continue reading… “Is Tilt the future of crowdfunding?”

0

Pre-VC rounds are shaking up early-stage funding

sensa

The Sense sleep tracking device has been backed by angel investors and crowdfunding campaigns.

Wall Street Journal’s Evelyn Rusli reports that startups are tapping new sources of early-stage funding, including ad hoc networks of wealthy tech executives doing some investing on the side, and that should give some big venture capital firms pause. Twenty-three year old entrepreneur James Proud is the latest example. He has raised $10.5 million from a circle of well-connected angel investors and an additional $2.4 million in a Kickstarter campaign for his sleep-tracker device Hello.

 

 

Continue reading… “Pre-VC rounds are shaking up early-stage funding”

0

Democratization of funding is disrupting the venture capital landscape

money

Democratization of funding is changing the VC landscape.

The venture capital and funding market has changed dramatically over the last ten years. In the past venture capitalists were the go-to-guys in the playground, there are new players giving entrepreneurs with many choices. One used to focus their efforts in the famed VC offices on Sand Hill Road, but today it is happening in every corner and coffee shop around the world.

 

 

Continue reading… “Democratization of funding is disrupting the venture capital landscape”

0

Lawrence Lessig’s Mayday smashes $5M crowdfunding goal

donations

Lawrence Lessig’s Mayday.us just raised a lot of money to help get the money out of politics by campaigning to elect five politicians who will enact campaign finance reform. Last week, the Super PAC hit its $5 million grassroots fundraising goal thanks to 47,000 supporters, which will be matched by $5 million in donations from wealthy tech luminaries.

 

Continue reading… “Lawrence Lessig’s Mayday smashes $5M crowdfunding goal”

0