http://www.techcentral.co.za/tapping-the-crowd-for-start-up-funding/13531/ South Africa's quality technology news source Wed, 08 Feb 2012 12:39:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.techcentral.co.za/tapping-the-crowd-for-start-up-funding/13531/comment-page-1/#comment-5148 George Tue, 23 Mar 2010 11:41:48 +0000 http://www.techcentral.co.za/?p=13531#comment-5148 This article needs correction on two points. 1, they have not received 'pledges', because the site says you are not obliged to pay anything, it's only an expression of interest. 2, the idea of crowdfunded startups was not a model developed here, it was done a year and a half ago (2008) here http://www.time.com/time/magazine/article/0,9171,1838768,00.html and last year by http://www.growvc.com. This article needs correction on two points. 1, they have not received ‘pledges’, because the site says you are not obliged to pay anything, it’s only an expression of interest. 2, the idea of crowdfunded startups was not a model developed here, it was done a year and a half ago (2008) here http://www.time.com/time/magazine/article/0,9171,1838768,00.html and last year by http://www.growvc.com.

]]> http://www.techcentral.co.za/tapping-the-crowd-for-start-up-funding/13531/comment-page-1/#comment-5130 Daniel Tue, 23 Mar 2010 04:14:09 +0000 http://www.techcentral.co.za/?p=13531#comment-5130 If your interested in learning more about successful crowdfunding you should definitely check out IndieGoGo.com. The site also recently expanded its platform to support startups. If your interested in learning more about successful crowdfunding you should definitely check out IndieGoGo.com. The site also recently expanded its platform to support startups.

]]> http://www.techcentral.co.za/tapping-the-crowd-for-start-up-funding/13531/comment-page-1/#comment-5113 Greg Mon, 22 Mar 2010 16:21:41 +0000 http://www.techcentral.co.za/?p=13531#comment-5113 Did I skip a paragraph while reading this article? I can't seem to find what the investors get out of the deal? If I put in R1000 and my time, what would I get? A slice of the final company and/or sale of the idea? More of a chance to become a larger investor if the idea makes it that far? Did I skip a paragraph while reading this article? I can’t seem to find what the investors get out of the deal? If I put in R1000 and my time, what would I get? A slice of the final company and/or sale of the idea? More of a chance to become a larger investor if the idea makes it that far?

]]> http://www.techcentral.co.za/tapping-the-crowd-for-start-up-funding/13531/comment-page-1/#comment-5110 JoeDamage Mon, 22 Mar 2010 11:56:47 +0000 http://www.techcentral.co.za/?p=13531#comment-5110 Hmm.... Yes, Tim Greene did that ages ago... but of course at that stage, it didn't have a fancy name... Hmm…. Yes, Tim Greene did that ages ago… but of course at that stage, it didn’t have a fancy name…

]]> http://www.techcentral.co.za/tapping-the-crowd-for-start-up-funding/13531/comment-page-1/#comment-5107 Martin Duys Mon, 22 Mar 2010 09:11:08 +0000 http://www.techcentral.co.za/?p=13531#comment-5107 <a href="http://en.wikipedia.org/wiki/Timothy_Greene" rel="nofollow"> Tim Greene</a> raised funding for his movie 'Boy called Twist' using exactly this method years ago. I think a bit of credit is due there. Tim Greene raised funding for his movie ‘Boy called Twist’ using exactly this method years ago. I think a bit of credit is due there.

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