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crowdsourcing | Priore Law

Jack and Jill went down the hill…and became entrepreneurs!

Lets get fired up!  That’s what HR 2930 supporters want America to do. Proving that physical action is still as important as virtual action, Crowdfunding supporters are taking to the streets of Washington, DC to push for Senate passage of the Entrepreneurial Access to Capital Bill.  It’s the “Joe the Entrepreneur” & “Jill the Innovator” […]

House of Representatives passes Crowdfunding Bill

Is this the future of startup financing? The House of Representatives overwhelmingly passed HR 2930, the McHenry Crowdfunding Bill, in a 407-17 vote.  First proposed in September of 2011, the McHenry Crowdfunding Bill went through just one revision in committee and is now in front of the Senate.  If the Senate approves, crowdfunding looks to […]

Crowdfunding Resources

Crowdfunding Resources  You can’t be an entrepreneur today and not think about the viability of crowdsourcing as an option to finance your idea/project/company. I discussed the idea of crowdfunding last November at the SEC Government-Business Forum on Small Business Capital Formation. There are even formal proposals for exemptions at the SEC to allow this type […]

Crowdsourcing: the global perspective

Mashable posted an article on the diverse impact that crowdsourcing is having across the globe.  The article highlights the impact of crowd wisdom on microfinance, direct funding, volunteering, and knowledge. The impact is hard to deny, but I wonder if in the long view this impact is going to wind up being overstated, especially given […]

The limits of crowdsourcing

  Wired magazine has an interesting article on the limits of crowdsourcing.  There has been observed a certain wisdom of the crowd- a statistical phenomena where individual biases are canceled out, and accurate results are often derived from the crowd.  But a new study, published by Jan Lorenz and sociologist Heiko Rahut of Switzerland’s ETH […]