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How to Use Crowdfunding in 2020

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With the attention placed on financing small (especially Black) businesses during the current crisis, and with the problems identified in government-run business financing programs like the PPP, (see * below) we are presenting updated information on crowdfunding. We draw on what we have learned since we issued, in 2012, our book on the subject. (This was, as far as we know, the first one published.) Crowdfunding works by allowing an entrepreneur with an idea for a company or product to post the details of the idea or product on a web site such as Kickstarter or Indiegogo. The crowdfunding provisions of the JOBS Act allow start-up and other companies to sell up to $1 million in equity, or ownership shares, in their business. Our company has been facilitating this type of business financing since July 1998, and. most recently, in June of 2020 . We still believe this is a viable option for minority firms, as we stated in 2012. How to be successful at crowdfunding Crowdfunding

Obama Turns to Crowdfunding to Aid Fleeing Syrians: NYT

As the New York Times reported, "Syrian refugees continue to flee the violence at home,  President Obama  is turning to the modern tools of Silicon Valley entrepreneurship as a supplement to the more traditional means of humanitarian relief. At the request of officials from the White House Office of Digital Strategy, the crowdfunding website Kickstarter has begun its first  social service campaign  aimed at raising money for the  United Nations  refugee agency on behalf of Syrian refugees." Here is my talk 10/7 on NPR's  Press Play with Madeleine Brand: " Host Madeleine Brand looks at news, culture and emerging trends through the lens of Los Angeles, weekdays at noon." http://www.kcrw.com/news-culture/shows/press-play-with-madeleine-brand How effective is this? They raised $700,000 in six hours. Six hours. For more, visit the links below.  http://www.nytimes.com/2015/ 10/07/world/middleeast/obama- turns-to-crowdfunding-to-aid- fl