Crowdfunding

Collection of finance from backers—the "crowd"—to fund an initiative

All edits by  Vicki Langer 

Edits on 20 Jul, 2019
Vicki Langer
Vicki Langer edited on 20 Jul, 2019
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Categories
Edits on 10 May, 2019
Vicki Langer
Vicki Langer edited on 10 May, 2019
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Related Topics
Vicki Langer
Vicki Langer edited on 10 May, 2019
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Companies

Company
CEO
Location
Products/Services

ArtistShare

Fundable

Powell, Ohio

business crowdfunding platform

Indiegogo

San Francisco and New York City

new and groundbreaking product crowdfunding

Kickstarter

Greenpoint, Brooklyn

creative project crowdfunding platform

Kiva

PeerBackers

Prosper

Startup America Partnership

Vicki Langer"Add timeline events"
Vicki Langer edited on 10 May, 2019
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Timeline

April 2012

Jumpstart Our Business Startups (JOBS) Act

President Barack Obama signed the Jumpstart Our Business Startups (JOBS) Act into law. Also known as “the crowdfunding bill,” the JOBS Act aims to lessen regulation burdens on small businesses and has legalized equity crowdfunding. This includes removing the ban on general solicitation that prevents entrepreneurs from publicizing that they’re raising money.

2011

Crowdfunding generated a total revenue of $1.5 billion

2009

Crowdfunding boasts a 74% compounded annual growth rate

It is an incredibly important funding option because other funds (such as Small Business Association loans) have become significantly less available in the past few years.

2009

Crowdfunding amassed revenue of $530 million

2005

International Crowdfunding and micro-loans

Kiva is an international nonprofit, founded in 2005 in San Francisco, with a mission to expand financial access to help underserved communities thrive.

crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world

2000

Inspired by the British rock band

ArtistShare became the first dedicated crowdfunding platform

1997

Inception of Modern Day Crowdfunding

British rock band funded their reunion tour through online donations from fans

Golden logo
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