On one, Wefunder, businesses have raised US$15 million in the past 18 months, but that about half the amount hoped for.Another disappointment: About half the investors are customers of the companies and want to support their favourite brewer or app maker or back a movie project they not the average small investors crowdfunding was supposed to appeal to.not a lot of people out there saying, we want to invest in startups, says Nick Tommarello, CEO of Wefunder.Some of what held crowdfunding back are legal limitations and requirements, designed to protect investors who may be unfamiliar with the risks of committing money to young companies without proven track records.But Daplie, a maker of computer servers that based in Provo, Utah, has done two successful crowdfunding campaigns that have helped the company avoid traditional venture capital investors and be more independent, president Brian Bourgerie says.we can crowdfund our way to an IPO or whatever success, that the way we like to do it, he says.However, people involved in crowdfunding say the regulations prevent it from becoming a windfall for young companies. Businesses still need legal and accounting help to prepare documents and financial statements. The tens of thousands of dollars that may cost can eat into the money they raise, says Ryan Feit, CEO of SeedInvest, another crowdfunding website.a significant regulatory burden imposed on very small companies, he says.Preparing for an offering is also a lot of work on top of already running a company, Bourgerie says.have to come up with a marketing plan, interact with investors and customers, like a mini business.
Tzotzis Stoney Creek, Ont., kitchen to cook up the right mix. The result was Awake, a chocolate bar that delivers 140 milligrams of caffeine. Only did we have something that tasted great but it provided the added pick me up caffeine typically adds, Mr.
The company is facing lawsuits from thousands of patients who took the drug and were less than happy with the results. Considering Bosh’s outgoing personality and level of NBA stardom, it’s surprising he doesn’t have more endorsements. It’s not clear if Forbes includes compensation athletes receive from their television or big screen cameos in their calculations.
Sep 15:More than 70 weigh in during Boulder public art slideshow eventSep 11:Boulder wants your cheers, jeers for public art projectsMay 6:Boulder officially says ‘no’ to big red ‘Yes!’May 5:Boulder nixes big red ‘Yes!’ outside library as city leaders revisit public art process Apr 23:Some Boulder residents just say no to big, red ‘Yes!’The $150,000 in Boulder Arts Commission grant money that would have gone to pay for a large red YES! in the window of the main library instead will fund a series of workshops and panel discussions to “set the stage” for public art and then install a series of interactive art projects in the spring.Matt Chasansky, Boulder arts and cultural services manager, said there was a public process around the selection of the YES!, but the public outcry against the sculpture caused the city to reconsider how it gets feedback from the community around art.Chasansky said city officials realized many people, including people active in Boulder’s arts scene, were not aware of the selection process.The new outreach efforts come as Boulder is developing its community cultural plan and as the city is trying to bring new life to the Civic Area bounded by Canyon Boulevard and Arapahoe Avenue, Ninth and 17th streets in part through public art projects, including temporary installations and interactive pieces.Chasansky said the most important thing Boulder should get from the process is “wonderful art that is profound,” but he also hopes to learn what the community wants and the best ways to engage the community in discussion about public art.”This is a demonstration project for the cultural plan,” he said. “But that is inside baseball. The result is going to be a really vigorous public arts process.”Most public art selection processes start with a location and a budget.