5. Crowdfunding

William Michael Cunningham, “The Microcredit Stock Exchange,” confidential proposal to William Liggins (director, DC Revenue Bond & Enterprise Zone Program, Office of the Deputy Mayor for Planning and Economic Development) and Robin Jasper (aide to City Council Chairman Vincent Gray) representing the Government of the District of Columbia, June 7, 2007.

William Michael Cunningham, “Commentary: The Quest for Crowdfunding Enters a Complicated, but Critical Phase,” The Washington Post, December 23, 2012, www.washingtonpost.com/business/capitalbusiness/commentary-the-quest-for-crowdfunding-enters-a-complicated-but-critical-phase/2012/12/23/d15ef280-4939-11e2-ad54-580638ede391_story.html .

Jose Antonio Vargas, “Obama Raised Half a Billion Online,” The Washington Post, November 20, 2008, http://voices.washingtonpost.com/44/2008/11/20/obama_raised_half_a_billion_on.html .

Bruce Brown, “Teachers Increasingly Rely on Crowdfunding for Classroom Supplies,” Digital Trends, September 5, 2016, www.digitaltrends.com/web/teachers-crowdfunding-school-supplies/#ixzz4JWBOpzCn .

Jillian Berman, “I Backed Oculus Rift On Kickstarter And All I Got Was This Lousy T-Shirt,” Huffington Post, March 26, 2014, www.huffingtonpost.com/2014/03/26/oculus-rift-kickstarter_n_5034511.html .

James Plafke, “How Much Money Would Backers Have Made from Facebook’s Oculus Rift Acquisition?”ExtremeTech, March 26, 2014, www.extremetech.com/gaming/179258-how-much-money-would-backers-have-made-from-facebooks-oculus-rift-acquisition .

See Pebble’s Kickstarter details at www.kickstarter.com/projects/597507018/pebble-e-paper-watch-for-iphone-and-android .

Fundable.com - Key Crowdfunding Statistics https://www.fundable.com/crowdfunding101/crowdfunding-statistics

On November 15, 2016, Indiegogo announced a partnership with equity crowdfunding platform Microventures. The announcement came with this disclosure: “Indiegogo.com is a website owned and operated by Indiegogo, Inc., which is not a broker-dealer, funding portal or investment advisor; and neither the website nor Indiegogo, Inc. participate in the offer or sale of securities. All securities related activity is conducted through First Democracy VC, a registered funding portal and member of FINRA or MicroVenture Marketplace, Inc., a registered broker-dealer and member FINRA/SIPC. No communication, through this website, email or in any other medium, should be construed as a recommendation for any securities offering.”

Available at: www.sec.gov/divisions/marketreg/tmjobsact-crowdfundingintermediariesfaq.htm