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Jan Wyllie

Crowdfunding the arts - who's with us? [11Mar11] - 0 views

  • On Thursday night we celebrated the launch of wedidthis.org.uk, a new crowdfunding platform supporting UK arts organisations, allowing them to reach out to their audiences and supporters for funding and bringing together large numbers of small donations.
  • We must build and strengthen the "culture of asking", which will be so vital for the sector's future.
  • at the heart of the new culture that we must create is a two-way conversation between arts organisations and individuals that is about much more than a donation of funds.
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  • But there's a real opportunity here to close some of the disparities that currently exist between popular enthusiasm and support for the arts, and the financial contribution that individuals make.
Jan Wyllie

Craig Newman: Is Crowdfunding The Next Big Thing or An Invitation To Digital Fraud? [12... - 0 views

  • the bills now being considered by Congress may simply exchange one problem for another. They would open the door to easier capital-raising, but at the expense of investor protection. H.R. 2930 does not require even the most basic disclosures about the issuing company or its prospects, in contrast to most existing securities regulation. Instead, the bill merely proposes a series of warnings about the risky nature of investments in start-up companies
  • Surely companies that seek to raise funds from outsiders should be required to provide basic disclosures about their operations and financial condition. Background checks always should be required for an issuer’s key executives. Investors should have some recourse against an issuer’s top managers when their malfeasance causes the company to fail. T
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