Time: June 19, 2012 from 6pm to 8:30pm
Location: Li Ka Shing Center for Learning and Knowledge, Stanford, CA
Street: 291 Campus Drive West
City/Town: Stanford, CA 94305
Website or Map: http://med.stanford.edu/irt/a…
Event Type: business, finance, networking, high-tech
Organized By: Vlab
Latest Activity: Jun 18, 2012
Can your $1 contribution create a Big Business? Yes, with crowdfunding.
$1.5 billion in 2011, crowdfunding is set to double this year . Kickstarter and Indiegogo crowdfunded 60,000 projects: Half of the cash came as donations, while the other half came as an exchange for creative rewards or future product.
Now that the JOBS Act lets startups exchange Equity-for-Cash up to $1M per year, implementation will prove interesting. Crowdfunding has vined its way through informal social networking sites, and these continue to fuel the rapid growth of this new economic engine.
Carl Esposti, Founder at Crowdsourcing.org
 Crowdfunding Industry Report from Massolution study on crowdfunding platforms.