Is crowdfunding the kickstart that Australian culture needs?

By Alexandra Spring
published in theguardian.com, 26 September 2013

Australians love crowdfunding. We’re among the most enthusiastic in the world and the most generous per capita, argues Rick Chen, CEO of Australian-based crowdfunding platform Pozible. While US backers typically pledge US$25 for projects on Kickstarter, says Chen, on Pozible Australians’ most popular donation is AU$50. …

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Hong Kong: An Army of Crowdfunding Sites Look to Help Startups Get Funding

By Martina Arroyo-Burtonposted on StartUpsHK 3 July 2013

Picture Courtesy of Wikipedia

Picture Courtesy of Wikipedia

The entrepreneurial community is growing larger by the day in Hong Kong, a movement that inspires many to pursue their lifelong dreams.

Trying to find a sufficient amount of funding for an idea or project becomes a hard task, a factor that leaves many startups dead in the water. Fortunately, new crowdfunding sites have been recently born in Hong Kong, and are looking for entrepreneurs and investors alike. Here are four new crowdfunding sites in HK…

Read more here on BigcolorsColony 88WeLend & Dreamna 

 

 

Crowdfunding is filling the funding void for early-stage companies

By Judd Hollas, founder and chief inventor, EquityNet
posted on startupbeat.com

A little more than a year ago, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. The JOBS Act was intended to increase access to capital for the innovative companies that produce the majority of employment growth and are otherwise starved for investment capital. These early-stage startups do not have access to traditional bank loans, and venture capitalists disproportionally fund growth-stage, high-tech ventures, leaving otherwise potentially lucrative and promising ideas out in the cold.

New data published by the crowdfunding platform I founded, EquityNet, shows that equity crowdfunding is already aiding the vast business community that was previously underserved by the traditional private equity community (VC firms and Angel investors). Based on an analysis of more than 1,000 companies that have used the EquityNet platform, some very interesting findings include: …

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