Crowdfunding Soared to $2.7 Billion in 2012, But Equity Funding Is Still On Ice
Asking strangers for money has never seemed cooler. With stars like Kirsten Bell and Charlie Kaufman attaching their names to successful crowdfunding projects, the stigma of soliciting donations online has largely been eliminated. And now we have the numbers to prove it. According to a new report from Massolution out today, individual donors pledged $2.7 billion to more than a million crowdfunding campaigns across the globe in 2012—an 81% increase from 2011. “There is an immense desire to want to support the aspirations of entrepreneurs and people who are pursuing causes,” says Carl Esposti, CEO of the research firm. (MORE: Why the Next Hit Video Game May Be Crowdfunded) But while crowdfunding is clearly on a roll, a key aspect of the person-to-person financing revolution has still failed to launch: equity crowdfunding, which allows backers to become bona fide investors, not just donors, in the projects they support. According to the study, just 4% of all crowdfunding dollars were ...
android
aspirations
bell
billion
carl
ceo
charlie
crowdfunded
donations
equity
esposti
eternity
investment
kaufman
kickstarter
kirsten
massolution
million
ouya
pebble
portion
revolution
sec
video
Why Samsung’s Challenge to Apple and Google Is Great for Consumers
Over the past few years, tech giants Apple and Google have emerged as dominant forces in the mobile-technology market. Although they’ve pursued radically different strategies, each company has been wildly successful: Apple generates $1 billion per month on iPhone sales, while Google’s Android operating system has racked up massive global market-share gains. Now, both companies face a rising threat from South Korean electronics titan Samsung, which has surged to become the largest handsetmaker in the world. Samsung appears poised to intensify competition in the mobile space, and that could benefit consumers. Samsung’s ascent was underscored last week when it introduced its highly anticipated new Galaxy S4 smartphone at an extravagant event at Radio City Music Hall in New York City. The company showed off hands-free eye-tracking technology, among other new features. Google and Apple, meanwhile, are pushing toward next generation wearable computing, including Google Glass and ...
android
apple
billion
blackberry
canaccord
city
competition
devices
dominance
forbes
galaxy
generation
genuity
google
google-owned
hall
iphone
iwatch
korean
michael
million
mobility
motorola
nokia
phil
reuters
samsung
schiller
settlement
south
technology
walkley
wi-spy
york
Why Samsung’s Challenge to Apple and Google Is Great For Consumers
Over the last few years, tech giants Apple and Google have emerged as dominant forces in the mobile technology market. Although they’ve pursued radically different strategies, each company has been wildly successful: Apple generates $1 billion per month on iPhone sales, while Google’s Android operating system has racked up massive global market-share gains. Now, both companies face a rising threat from Korean electronics titan Samsung, which has surged to become the largest handset-maker in the world. Samsung appears poised to intensify competition in the mobile space, and that could benefit consumers. Samsung’s ascent was underscored last week when it introduced its highly anticipated new Galaxy S4 smart phone at an extravagant event at New York’s Radio City Music Hall. The company showed off hands-free eye-tracking technology, among other new features. Google and Apple, meanwhile, are pushing toward next generation wearable computing, including Google Glass and Apple’s ...
android
apple
billion
blackberry
canaccord
city
competition
devices
dominance
forbes
galaxy
generation
genuity
google
google-owned
hall
iphone
iwatch
korean
michael
million
mobility
motorola
nokia
phil
reuters
samsung
schiller
settlement
technology
walkley
wi-spy
york
United States: Stranger Than Fiction? A Closer Look At The Molinaro Koger Criminal Convictions Regarding Deals With Host - Jeffer Mangels Butler & Mitchell LLP
On February 19, 2013, the US attorney's office announced that Jonathan Propp, 48, of McLean, VA, pleaded guilty today to conspiring with others to steal more than $20 million from Host Hotels and Resorts L.P. (Host), one of the nation's largest hotel owners, by executing a series of illegal sales of hotels."
butler
conviction
fiction
jeffer
jonathan
koger
llp
mangels
mclean
million
mitchell
molinaro
nation
office
propp
resorts
states
united
Found more than 1 month ago on channel
Mondaq
Google’s Stock Price Breaks $800 for 1st Time
(SAN FRANCISCO) — Google‘s stock price topped $800 for the first time Monday amid renewed confidence in the company’s ability to reap steadily higher profits from its dominance of Internet search and prominence in the increasingly important mobile device market. The milestone comes more than five years after Google’s shares initially barreled through $700. Not long after breaking that barrier in October 2007, the economy collapsed into the worst recession since World War II and Google’s stock tumbled into a prolonged malaise that eventually led to a change in leadership. Besides enriching Google’s employees and other shareholders, the company’s resurgent stock is an implicit endorsement of co-founder Larry Page. He replaced his managerial mentor, Eric Schmidt, as CEO in April 2011. Google’s stock has risen by about 35 percent since Page took over. The significance of crossing the $800 threshold is largely symbolic. If Google had its way, the stock wouldn’t even be priced ...
ability
android
billion
brin
calif
ceo
confidence
delaware
devices
dominance
endorsement
eric
francisco
google
inception
internet
larry
leadership
million
mountain
prominence
prosperity
recession
san
schmidt
sergey
significance
web
youtube