Tag Archives: Law
July 5, 2012
Last week we discussed the new JOBS Act, which allows startups in the US to use online crowds to raise funding. We noted the huge potential this has for not just the crowdfunding industry and startups, but the investment world as a whole.
One platform that is planning to take advantage of these new laws (the UK is set to follow the US later this year) is Trillion Fund . …
June 27, 2012
… people, by the people
Already, platforms like Fundable have sprung up to take advantage of the law change, using the Kickstarter model, but offering equity as well as rewards (or at least it will, when it gets SEC approval and the SEC sets the regulatory rules for the space). This could make a huge difference for startups looking for cash (as well as exposure and a support base).
But the potential for more broadly revolutionizing the way we invest is huge. There will be teething …
Tags: Barack Obama business crowdfunding crowdsourcing Investment JOBS Act Kickstarter Law microtask Mutual fundBarack Obama, business, crowdfunding, crowdsourcing, Investment, JOBS Act, Kickstarter, Law, microtask, Mutual fund | Leave a comment
May 9, 2012
… agree, and am somewhat curious to see what form it takes (bwhahaha!).
More importantly, I hope law enforcement agencies worldwide are considering the negative potential of crowdsourcing, and drawing up contingencies to address it. These should include preventative measures, designed to catch these super-villains before they hurt someone and damage the reputation of our industry.
May 2, 2012
… Finnish Parliament passed the Citizens’ Initiative Act. The Act allows any citizen to present a law to Parliament, providing they can get the support of 50,000 citizens.
Spotting the opportunity for a groundbreaking piece of online activism, Finnish entrepreneur Joonas Pekkanen assembled a team of volunteers, including web-development wizard Aleksi Rossi, and created the Avoin Ministeriö, or Open Ministry. The site allows Finns to submit proposals for legislation, which are then …
April 18, 2012
… Act has been in effect since the beginning of March. The Act allows any citizen to propose a new law to Parliament, as long as they can get the support of 50,000 eligible voters. Aiming to help Finns make the most of the Act, a group of volunteer activists, software engineers and researchers created the Avoin Ministeriö (Open Ministry). There, voters can present their ideas to the crowd, offer support for policy initiatives which catch their eye and join in debates.
While the US has …
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