Tag: crowd funding

What Startups Need to Know About Regulation A+ | Business News Daily

~ knjohn ~ Leave a comment

After a lengthy holdup in Congress, it’s official: Nation-wide policies allowing any interested person to invest in a business through equity crowdfunding will go into effect this summer.

On March 25, the U.S. Securities and Exchange Commission announced its final set of new rules that will make it easier for smaller companies to access investor capital through crowdfunding, and provide investors with more investment choices. These rules, known as “Regulation A+,” update and expand the existing Regulation A, and are mandated by Title IV of the Jumpstart Our Business Startups (JOBS) Act passed in 2012.

Read More.

First Major Kickstarter Game Runs Out Of Money | Forbes

~ lmehit ~ Leave a comment

broken arrow

Once upon a time, there was a website designed to crowdfund small, creative projects—a garage band’s new self-recorded album; a short film; a dance video. That website was called Kickstarter.

Then, along came Tim Schafer and Double Fine Adventure, the video game now known as Broken Age, which transformed the site into an indie video game crowdfunding platform overnight. Kickstarter termed it the “Blockbuster Effect.”

Well, not just a video game funding platform, but these days many of the biggest projects—from the Ouya to Star Citizen to Torment: Tides of Numenera—are video games or video game accessories. And these projects all have, at least in part, Schafer and his game to thank. Broken Age was the catalyst, the trailblazer, the portent of things to come.

And now, despite the $3.3 million the game raised on Kickstarter (and the additional $1.2 million Double Fine raised for its second Kickstarter game, Massive Chalice) Broken Age is out of money.

Read More.