France to support private 'crowdfunding'

France is drafting a new law that aims to make the practice of pooling resources to fund private ventures easier and more competitive, but the lack of rules governing so-called 'crowdfunding' has prompted the European Commission to announce new legislation for "early next year". On 4 September,...

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Crowdfunding Hardware With a Helping Hand From GE

One of the biggest headaches on crowdfunding sites such as Kickstarter and Indiegogo is vaporware: hardware projects that never materialize or arrive much later than their creators promised. It happens when creators don’t have a grip on the cost or complexity of manufacturing. CNNMoney found last...

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PayPal Has a Crowdfunding Problem

Late Wednesday evening, the founders behind Mailpile, a privacy-centric email client that's already raised north of $130,000 on Indiegogo, received a message no crowdfunder wants to hear: PayPal had frozen about one-third of the funds in their account. The company's co-founder writes: Afer four phone calls, the last of...

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