CROWDFUNDING
A Look Back at Crowdfunding Campaigns: From Wood Watches to Chimps
Crowdfunding refers to the practice of raising funds through monetary contributions made by a large number of people. Since the advent of the Internet, online crowdfunding has given this alternative finance system a new shape by giving different campaigns a global exposure. Furthermore, platforms such as Kickstarter, GoFundMe and Indigogo have revolutionized online crowdfunding. These websites have helped dreams come true, and projects become successful.
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A Look at Three Environmentally Conscious Watches. It’s About Time!
During a time where ecological issues are reaching a tipping point, entrepreneurs and
big business are at the forefront of innovation. Consumer attitudes are shifting the direction corporations view their products and services. Also, this demand has opened up the market for startups that already foster sound solutions. The push for a more environmentally sustainable world is coming in many shapes and sizes while merging into the most unlikely industries. Its presence begs the question, “Who says we can’t look cool and environmentally conscious?” Fashion is adopting eco-friendly business models so people can return to nature in style. More specifically, watch providers have some notably popular products that are not just talking the talk but walking as you tick-tock. Konifer Watches is a Canada-based startup created in 2013 by CEO and designer Max Clément. From the start, Clément has had an interest in everything wood-related. His superior “Paul Bunyan” qualities are channeled into every project he pursues and capitalized on these skills with the help of Kickstarter. With nearly 400 backers and the funded amount as of the date of publication at $54,817, they have superseded their original goal of 15k by over 300%. In fact, they were able.
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Overcrowded In Real Estate Crowdfunding?
Crowdfunding has revolutionized the economy by giving people more opportunity to invest in business projects. The Jumpstart Our Business Startup Act of 2012 allowed startups and corporations to publicly market their need for revenue. It didn’t take long for the concept to find a place in real estate. This basically made private markets open for public consumption. People that were once unable to sit at tables of million dollar deals could now contribute smaller portions. This granted ownership based on how much they chipped in. RealtyMogul has become one of the leading real estate crowdfunding corporations. Being in the game for two in a half years with a focus on finding accredited investors for equity deals, RealtyMogul raised $35 million in 2015. With their name growing so has the industry and skeptics are questioning whether real estate crowdfunding has what it takes to last long-term. The company’s chief investment officer (CIO) Timothy Li shared his thoughts during an interview with Knowledge@Warton Despite the growing popularity of this sector and crowdfunding as a whole, Li feels his company offers a personal touch overlooked by competitors. Li is confident that real estate crowdfunding is still thriving and far from its…
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