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Tag : crowdfunding

3 Things You Need to Know for Your Small Business Today

3 Things You Need to Know for Your Small Business Today

Paypal wants retailers to give up their registers -  Paypal will give you free service until the end of the year.  Be wary of these set ups.  It is advisable to get non proprietary systems than proprietary ones.  

Are credit cards the thing of the past?  -  The credit card companies are rolling out the last credit card terminals with integrated NFC, near field communication.  This means your smart phone will replace the plastic card.  This terminals are available now.  The future is here. 

What happened to all those neat kickstarter projects after the campaign is over?  -  These guys have opened an ...


Book Review: The Crowdfunding Bible: How to Raise Money for Any Start Up

Book Review: The Crowdfunding Bible:  How to Raise Money for Any Start Up

The Crowdfunding Bible: How to Raise Money for any Startup is written by Scott Steinberg.  A secular definition of a “Bible” is “a publication that is preeminent especially in authoritativeness.”  The Crowdfunding Bible is anything but authoritative.  The title is misleading because it doesn’t explain the “how” of crowdfunding, which renders the book practically useless for the aspiring crowdfunder.   

The secular “bible” is only 80 pages long. Those pages contain mostly a collection of platitudes that might encourage any neophyte, but reveals very little insight into the inner workings of crowdfunding that the more advance crowdfunder wants.  This makes ...


Why Every Small Business needs an Alternative Funding Action Plan?

Why Every Small Business needs an Alternative Funding Action Plan?

Why do you need an alternative funding action plan for your small business?  Credit is tight on main street.   Those too big to fail banks and corporations are swimming in cash.  Most of the money is held with a stronger grip than scrooge or is stashed away offshore to avoid the punitive 39% corporate tax, the highest in the world.   What is a small business to do when it needs working capital?   

Blindbid always advises to start with your bank.   Even if you don’t need money right now, pretend that you do.  The economic  situation will not change much ...


Crowdfunding Legal by 2020?

Crowdfunding Legal by 2020?

The US government passed the Jobs Act in the Spring of 2012.   Equity Based Crowdfunding was supposed to be legal by the Spring of 2013.  By rule, the SEC was required to issue the equity based crowd funding regulations by the beginning of 2013.     The SEC has been dragging its feet.  It is not really clear when crowdfunding for shares will be legalized.

A recent Forbes article outlined a ten point scenario that the earliest would be by January 2014.   That is if the SEC were actively working on getting crowdfunding regulations and policies done.  The SEC has other priorities ...


Equity Based Crowdfunding is Here

Equity Based Crowdfunding is Here

If here is the Netherlands.  A Dutch company, Symbid, has launched its equity crowdfunding site and its pretty cool.  It allows people to invest in companies from all over the world although most of the companies looking for investment are European.  

So where are the Americans?  We’re mired in SEC squabbles and disorganization.  There have been three heads of the SEC in the past year, Mary Shapiro, Elisse Walter, and Mary Jo White.  

 The Feds passed the Jobs Act last spring.  The SEC will not meet its deadline to release the crowdfunding regulations.   They are now saying Summer 2013 ...


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