The Crowdcube Blog
20
12.2010
Top three crowdfunded inventions of 2010
Crowdfunding has the power to bring about a funding revolution for the development of new inventions. By crowdfunding development costs, whilst simultaneously demonstrating demand for a product to potential partners, investors and retailers; new product ideas have an enhanced chance of success. The idea was simple. Transform the iPod Nano into the world’s coolest multi-touch watch with a simple wrist …
07
12.2010
Crowdcube challenges the City with a revolutionary new way to raise business finance
Crowdcube is set to challenge conventional ‘Business Angel’ and VC funding models by launching a pioneering new equity-based crowdfunding service dedicated to helping entrepreneurs seeking businesses finance. Our unique service allows entrepreneurs’ to raise money for their business venture by offering real equity in exchange for investment from the “crowd”. Crowdcube is now calling for UK-based businesses to be the …
18
11.2010
Our crowdfunding for equity model – key principles
Over the past couple of years whilst I have been developing Crowdcube from a light-bulb moment to a complete, functional ready-to-launch web service I’ve seen quite a number of new business-based crowdfunding websites launch with various levels of success. Each time I saw the press release/tweet/blog posting about a new company I winced and worried that someone will have beaten …
08
11.2010
Top 5 crowdfunding success stories
Crowdfunding as we now know it has been around since early 2006. It can be argued that crowdfunding has actually been around for a lot longer than that in various forms, primarily of the offline variety (co-ops, charities, etc.) but the term was coined in mid-2006 shortly after the term it was derived from – crowdsourcing. Since then crowdfunding’s use …
15
10.2010
Bonfire of the Quangos threatens business start-up funding
The UK government announced yesterday that 192 Quangos are to be axed as part of their austerity measures to get the British economy back on track. The economic benefits of the right honourable Minister Francis Maude playing Sweeny Todd is yet to be outlined by the government but I am sure that no one can question the Quango for ‘Government …