Non-profit organizations require money to stay operational, spread awareness and get the job done, and that is where crowdfunding has really helped. Continue reading… “A look at the numbers behind non-profit crowdfunding”
Karl Dakin: I sat through a number of entrepreneur pitches recently and was frustrated by the fact that none of the pitches addressed any of the keys to funding:
Without this trifecta, there is no basis for any funding, regardless if the funding is a charitable gift, an impact investment or a classical return on investment (ROI). Continue reading… “B V M – Keys to Funding”
Pebble smart watch was highly successful on Kickstarter.
The crowdsourced funding platform, Kickstarter, is an all-or-nothing proposition. Either your project reaches its funding goal, and you get to work developing your product, or it doesn’t and you go home with nothing. So what’s the best way to ensure your passion project makes it past the finish line? Pay attention to your pitch.
There are over 20 million non-employer businesses out there today, with more starting every day.
There is a resurgence of entrepreneurial spirit ever since the recent recession, and more startup activity than ever before. The days of the “job work” mentality are waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere.
Biggest funding source is family and friends.
You hear about startups in Silicon Valley getting venture capitalor crowdfunding money all the time. But the two combined barely make up the money given by startups’ biggest funding source: friends and family. (Infographic)
Kickstarter is the most popular crowdfunding platform and they just broke two industry records. According to the company’s stats page, more than five million backers have successfully funded over 50,000 creative projects on Kickstarter, cementing Kickstarter as the world’s leading crowdfunding platform.
Federal research funding is down.
The U.S. arguably needs its scientists more than ever, but federal research funding is way down. According to data collected by a coalition of top scientific and medical research groups, the majority are spending more time writing grants for less payoff than just three years ago. Nearly 20 percent report they’re considering more supportive climes overseas. From The Huffington Post:
Kickstarter founders Charles Adler, Perry Chen, and Yancey Strickler
Kickstarter, a crowdfunding website, has hit a major milestone. It finally passed over 100,000 campaigns, according to statistics released by the company. In the three years since it launched, Kickstarter has made otherwise nontraditional crowdfunding a legitimate form of project financing.
Minister Marco Antonio Raupp releases the Start-up Brazil program.
The government in Brazil is offering foreign companies visas and funding to relocate to South America. Startup Brasil is a new program offering up to $78 million in investment for domestic and foreign high-tech companies. Firms that participate would have to relocate to Brazil and hire local employees; disbursement of funds would take place through a series of government-subsidized accelerators concentrated in Sao Paulo and Rio de Janiero. One of the participating accelerators, 21212, also has a New York office.
Zboard electric skateboard
The electric skateboard Zboard skated into our hearts at the DEMO conference this spring, but now it has also conquered CES.
We now have real data to accompany all the anecdotal stories about the ongoing “Series A crunch” for tech startups. CB Insights, a venture capital analysis firm, has released a new seed financing report that digs into some real numbers about the situation.
If you start a business, odds are that your company will fail.
It may look easy from the outside. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. But now there is evidence that venture-backed start-ups fail at far higher numbers than the rate the industry usually cites.