Crowdfunding gears up for a fresh kick start

Article by: KRISTIN TILLOTSON , Star Tribune
Updated: November 6, 2012 - 5:21 AM

Crowdfunding -- a way of gathering an online community of financial supporters to rally around a specific project -- has captured the public imagination. Now, federal regulators are getting ready to allow crowdfunding donors to receive an ownership stake in return for their money.

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lindy_frank123Nov. 5, 12 9:57 PM

I am so tired of these "geeky" lobbyists. Cuz that's what they are. Call them by any other name. THEY'RE LOBBYISTS! And I loathe and hate them!

franknjackNov. 5, 1211:00 PM

This is a good start, but there should be greater efforts to provide opportunities for small entrepreneurs to obtain capital. Bank loans are virtually unattainable for micro-businesses, while large corporations sit on piles of cash because they have access to the the equity and bond markets, which are flush with investors. And the tax system favors the equity and bond markets by enabling 401k participants to invest in them. Micro-businesses have no such access. There ought to be opportunities for investors to invest at least a small share of their accounts in micro-businesses. It does have high risk, which is why it ought to be capped as a percentage of their 401k holdings, but it should be made available, especially if a small business owner who has a 401k plan wants to enable her or his employees and her- or himself to invest in the company.

elementxNov. 6, 12 3:28 AM

Control and monitor your home remotely? It's been done 100 times already.

godiveNov. 6, 1210:23 AM

As noted in the article. Kickstarter distributed more money than the NEA. Is it time now to drop the NEA pig and let private individuals decide where they want their art money to go to?