The Access Of Equity Finance Through Crowdfunding - 875 Words

From almost the beginning, the idea of community and local based Slow Money ideals being served through crowdfunding was acknowledged here in Southern California. Our Slow Money SoCal founding members were working against a conservative legal backdrop and a sprawling suburbia that made local investing and the community building it entails all the more difficult. In our early days, while we measured the idea of crowdfinancing still serving the Slow Money Principles, we decided it was a legitimate sounding of our regional voice. Today, the access to equity finance through crowdfunding is just another opportunity to continue to serve ways to catalyze capital while exploring the inherent tension between the virtual world and the visceral character of a place based investing. We were broached by Kiva, the grandfather to all technology based crowdfinancing in 2013. Slow Money SoCal had worked without much success, for an approach to local investment during its first year and was ready to consider another way. Still reticent about the rules and regulations that served to inhibit a local investing story, we chose to sign on as an early Kiva Trustee hoping to get our feet wet as we continued to develop our more down to earth, place based approach. We endorsed our first Kiva loan in March 2014. In those early days of Slow Money SoCal, though some of us were comforted by the Kiva partnership and its legal sanctions, some thought the partnership was a distraction. If we were busy doingShow MoreRelatedLocal Impact On The Community1136 Words   |  5 PagesLocal Impact Communities are stronger because of the opportunities created by crowdfunding. States such as Pennsylvania struggle to discover tactics to increase revenue and jobs. Pennsylvania lacks a budget, and local municipalities are struggling (Pennsylvania, n.d.). According to the United Bureau of Labor Statistics (2015), Pennsylvania’s state unemployment rate is five percent. Crowdfunding is an innovative answer to solve unemployment and stimulate business development allowing startupsRead MoreHow Crowdfunding Campaign On Culture And Civic Engagement895 Words   |  4 PagesIntroduction Did you know the pedestal the Statue of Liberty sits on is the result of crowdfunding? Joseph Pulitzer utilized his paper the â€Å"New York World† to raise $100,000 in five months (Davies, 2014). This application serves as an early example of the power of crowdfunding 100 years before the advent of the Internet. Businesspeople and citizens rallied to a civic cause so a gift from the French government could find a home. Pulitzer used a single collection point to raise money from an enormousRead MoreCrowdfunding of Small Entrepreneurial Ventures10415 Words   |  42 PagesAuthors: Armin Schwienbacher Benjamin Larralde CROWDFUNDING OF SMALL ENTREPRENEURIAL VENTURES Book chapter forthcoming in Handbook of Entrepreneurial Finance (Oxford University Press) Date: September 28, 2010 (final version) Armin Schwienbacher, Professor of finance, Università © Lille Nord de France, Facultà © de Finance, Banque et Comptabilità ©, Rue de Mulhouse 2 - BP 381, F - 59020 Lille Cà ©dex (France); +33 3 20 90 75 34 ; armin.schwienbacher@univ-lille2.fr. SKEMA Business School, Avenue WillyRead MoreCrowdfunding of Small Entrepreneurial Ventures10426 Words   |  42 PagesAuthors: Armin Schwienbacher Benjamin Larralde CROWDFUNDING OF SMALL ENTREPRENEURIAL VENTURES Book chapter forthcoming in Handbook of Entrepreneurial Finance (Oxford University Press) Date: September 28, 2010 (final version) Armin Schwienbacher, Professor of finance, Università © Lille Nord de France, Facultà © de Finance, Banque et Comptabilità ©, Rue de Mulhouse 2 - BP 381, F - 59020 Lille Cà ©dex (France); +33 3 20 90 75 34 ; armin.schwienbacher@univ-lille2.fr. SKEMA Business School, Avenue Willy BrandtRead MoreHow Happy Scrappy Is A Personalised Scrapbook Creation Company1638 Words   |  7 Pagescompany. It is run through an online website allowing customers to create a virtual scrapbook. The company was extremely successful in the first year and has decided to expand. They will be launching their services to other European countries, developing their website, and employing more staff. This would require raising capital to fund the expansion. This report will investigate different methods relevant to Happy Scrappy to se e which option are best suited. 2. Sources of finance There are severalRead MoreFinancial Analysis And Funding Plan1011 Words   |  5 Pagesentrepreneurship and provide investors with opportunities to fund private companies in exchange for equity. The partners at Group Capital, a Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) registered broker-dealer, lamented that the options available for innovation are minimal until they discovered equity crowdfunding. In essence, equity crowdfunding allows investors to finance and become a part-owner in the next pioneering company. Group Capital intends to capitalizeRead MoreA Research Report On Technology2029 Words   |  9 Pagesround which is promising. Founders can seek to finance their start-ups from many sources such as individual or institutional investors, Venture Capital Funds or crowdfunding. However, the biggest challenge faced by them is convincing these investors that the idea is worthy enough to fund the project but without ceding to o much control or diluting the product’s core proposition. For the purposes of my analysis I have decided to focus on crowdfunding and CVCs. This is because these are fairly contrastingRead MoreThe Finance Options Beyond The Traditional Model And Our Business Development Plan2823 Words   |  12 PagesIntroduction At Group Capital our mission is to broaden the finance options beyond the traditional model and our business development plan focuses on building the infrastructure, systems, processes, and economies of scale to achieve success. Group Capital, a Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) registered equity crowdfunding broker-dealer, will focus on service development, management information systems, and information technology requirementsRead MoreNew Funding Method Is Sustainable And Appropriate For Such Projects2065 Words   |  9 Pagesother digital communication advances into society as a whole, businesses and individuals can access finance in new ways than before. Crowdfunding allows founders of for-profit, artistic, and cultural ventures to fund their efforts by drawing on relatively small contributions from a relatively large number of individuals using the internet, without standard financial intermediaries (Mollick, 2014). Cr owdfunding varies enormously in terms of the size and scope of the projects, and the range of differentRead MoreCase Study : Healthy Potion1895 Words   |  8 Pagesin the lack of an international market and interest for foreign consumers. Consequently, it is not a widely recognised enterprise. Following the rapid increase of technology in business and online shopping, Healthy Potion can promote the company through online services to meet this demand. This may be achieved by developing a company website in which allows for online orders of Healthy Potion’s product, or by simply having an online presence on social media. †¢ Market development and expansion: Learning