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New crowdfund plan aids startups with expertise, cash

Crowdfunding gets a new twist Thursday with the launch of an online platform that offers startups ideas and expertise as well as cash. The new platform called JumpStart Fund, marrying crowd-sourcing with crowdfunding, comes from the California-based online community called Jumpstarter, which has been involved in...

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How to Crowdfund Like a Hacker

Kevin Rustagi is no stranger to crowdfunding. Ministry of Supply, the men's clothier that Rustagi co-founded with several MIT classmates in 2010, broke Kickstarter records last June when the company raised nearly $500,000--more than any previous fashion project--from over 2,500 backers for itssweat-resistant dress shirts. Perhaps understandably, Rustagi was...

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Omate smartwatch hits crowdfunding target

The Omate TrueSmart raised more than $100,000 via fundraising website Kickstarter. According to the founders of Omate, a working prototype already exists. The money will be used to fund production of the smartwatch. Speaking to the BBC, one of Omate’s founder Nick Yap said that the smartwatch had already...

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