Difference between revisions of "Crowdfunding"

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Crowdfunding (view source)

Revision as of 13:02, 17 April 2013

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Anca

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 Participants: Eddan,
+==Announcement==
+Tech Liminal Lunch Box
+Crowdfunding. Wed., Apr. 17, 2013.
+Crowdfunding. What does it mean and how does it work? Why is it the biggest buzz word since social media? Will it really circumvent the flow of investment capital to bypass Wall Street? Can it stimulate new jobs in the small business enterprise and contractors markets?
+Is there anything more to this than passing around a hat for donations amongst your friends and family in order to do a project you and they know will never be completed? What is the Securities Exchange Commission worried about that is delaying their implementation of the Crowdfunding provisions of the JOBS Act, which was supposed to go into effect in January?
+At Lunch Box, we will address these questions, or at the very least read all of them out loud.
+Bring your own lunch box.
+==Questions or Comments at this Point==
 ==Background Resources==
+===Laws and information===
+JOBS act on Wikipedia http://en.wikipedia.org/wiki/Jumpstart_Our_Business_Startups_Act
+===Local Oakland entitites===
+====Cutting Edge Capital====
+Founder: Jenny Kassan
 ===News Articles===
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 ===Exposure to Fraud===
+* Reliability of the person asking for $$
+* Accounting thoroughness and transparency.
 ===Transparency and Diligence===
+* small organizations don't always have good accounting practices.
+* what should smaller organizations do to meet the requirements of the JOBS Act? is this level of reporting tenable for those organizations?
 ===Credibility of Auditing===
 ==Opportunities for Disruptive Technology==