the future (opportunities) of crowdfunding
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The Future (OPPORTUNITIES) of CrowdFunding Dan Marom | December 20, 2012
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About me
www.danmarom.com
Entrepreneurial Finance
Crowdfunding is the collective effort of individuals who network and pool their resources, usually via the Internet, to support efforts initiated by other people or organizations. - Wikipedia
crowdfunding
"crowd funding is an important contributor to the democratization of innovation – the biggest paradigm shift in innovation since the Industrial Revolution.“
- MIT Professor Eric von Hippel
THE JOBS ACT
Italian innovation bill
Trends to watch in 2013-20145
1. Equity based Crowdfunding
2. Platform Explosion Consolidation & Expertise
3. Co-Investments
4. 3rd Party service providers
5. Civic Crowdfunding
Academic Research
Schwienbacher & Larralde 2010: "Crowdfunding of Small Entrepreneurial Ventures“ (Handbook of entrepreneurial finance, Oxford University Press)
General
Mollick 2012: "The Dynamics of Crowdfunding: Determinants of Success and Failure"
Reward based
Ahlers, Cumming, Guenther & Schweizer 2012: "Signaling in Equity Crowdfunding"
Equity based
Hartley 2010: “Kiva.org: Crowd-Sourced Microfinance and Cooperation in Group Lending”
Donation based
*Ravina 2008: "Love & Loans: The Effect of Beauty and Personal Characteristics in Credit Markets“*Thomas, Puri & Rocholl 2010: "Skin in the Game: Incentives in Crowdfunding”
P2P based
Questions ?
Thanks !
Dan Marom | [email protected]