Items filtered by date: March 2014

Need some crazy crowdfunding ideas, well take a look at our selection from the wacky pile. You thought that some of these ideas were dumb, but actually could be ingenious...

1) Jafflechutes

It’s a bird, it’s a plane… oh wait, its a toasted cheese sandwich being delivered in a parachute. In what may be one of the craziest (and most fun) crowdfunding venture to date, the team behind Jafflechutes are taking a love of melted cheese to a whole new level – in some cases seven floors up. They plan to ‘drop in’ on New York City very soon. Those who pre-order can nominate the time they’d like to receive jaffles (aka: toasted sandwiches) and will receive instructions about where to go to await their special delivery. (Source:Pozible)

Published in Features

The crowdfunding industry is hitting its stride. Kickstarter announced recently it has topped $1 billion in pledges for its rewards-based opportunities, and peer-to-peer lending leader Lending Club is preparing for its IPO.

The potential impacts of crowdfunding on the economy and entrepreneurship are staggering. But while rewards-based crowdfunding provides the lowest cost capital a company can raise, not everyone is a winner in this finance model. As Korstiaan Zandvliet, founder of Dutch crowdfunding platform, Symbid said: ”Isn’t it a shame that some of the companies funded through [rewards-based] forms of crowdfunding will go on to make large profits, and all you ever got was a t-shirt?”

Published in Advice & Tips

Would you like a mentor with that crowdfunding campaign of yours?

If so, crowdfunding site CrowdIt is now providing just that.

The startup is rolling out its “Suits” program, which provides experts ranging from lawyers and accountants to accredited investors and consultants. These experts then act as advisors and resources before, during, and after the fundraising.

Unlike crowdfunding competitors such as Kickstarter and Indiegogo, which focus on the fundraising part of the launching and growing of a project, CrowdIt believes there should be a community that entrepreneurs can be part of even after they’ve gathered their funds. Suits is a major piece of this bigger vision.

Japanese telco NTT Docomo (NYSE:DCM) held its latest Docomo Innovation Village demo day last week. It’s the second running of its startup incubation program after it was first established in October 2012. After more than four months of incubation, the six graduate teams were given only six minutes to make a presentation at the finale about their progress in the program. The presentation was evaluated and voted on by the judges and the audience through their smartphones. Four prizes were dished out, including the grand prize and the Sony Select Prize that was selected by Sony, the program’s partner this year.

BlackBerry scored a major victory in its ongoing legal battle with Typo, the Ryan Seacrest-backed company behind the iPhone keyboard case. On Friday, a San Francisco court granted a preliminary injunction against Typo that prohibits the company from selling its $99 BlackBerry lookalike keyboard case.The judge for the case said BlackBerry had proved a "likelihood" that Typo had, in fact, infringed on the company's patents and that Typo had not provided sufficient proof otherwise.

Published in News

Fluentify, a London-based videoconferencing language learning platform founded last year, has closed a $410,000 angel investment, led by Stefano Marsaglia, former chairman of Barclays global financial institutions group and current co-head of Mediobanca investment bank.

The new funding brings the startup’s total raised to date to $500,000.

Published in Deals & Funding

In Japan, people in the IT industry will have heard of Koki Sato (pictured above), CEO & President at Septeni Holdings. A law graduate of Rikkyo University Japan, Sato chose a path different from most of his fellow law students. Forgoing a career as a lawyer, he chose to pursue music.

Published in Features

This month, Mashable announced Sevenly as the winner of America's Most Social Small Business. The three-year-old social good apparel company has gone from a closet office with four employees to a 33-person operation that's raised more than $3 million for charities around the world. Read on to learn how Sevenly harnessed the power of social media to change the way people think about — and wear — charity.

Published in Features

With fresh capital in its coffers, Dropbox appears to be on somewhat of an acquisition spree, albeit a quiet one. Following the cloud storage company’s recent purchase of workplace chat solution Zulip.

Social customer service company Lithium Technologies will announce on Thursday morning that it has acquired Klout for almost $200 million in cash and private stock, says Fortune.

Published in Deals & Funding