Individual Case Assignment
This article emphasizes on what is crow funding? Who is a creative person? Who are called investors? This also explains about Jumpstart our Business Act and requirements proposed by Securities and Exchange Commissions. It also emphasizes on benefits, weakness, threats about crowd funding and brief explanation about social crowd funding and crowd funding in Europe.
Crowd funding which also known as crowd source funding or crowd is financing, is a process where a large number of crowd is asked to raise money for new projects through web. Kickstarter is most commonly used site for crowd funding. Kickstarter is similar to eBay where kickstarter is used to crowd funding; eBay is used for auction. A creative person whose role is to post his/her project with video explaining the brief description of the project and also the target amount in the kickstarter site is called the project creator. The target money requested by the project creator is called funding (Turban, Volonino & wood , 2013, p.2).
There are various benefits of crowd funding where some benefits are of internal origin and other are of external origin. The strengths of crowd funding include:
The right to make company decisions is always with entrepreneurs.
The raise of capital is exceptionally accessible through crowd funding platforms.
Entrepreneurs who are seeking raise their capital through crowd funding platforms are gifted with a chance to test marketability
Communities are benefitted by crowd funding through both local and global means (Valanciene & Jegeleviciute, 2013).
Jumpstart Our Business Startups Act (JOBS Act) which was enacted in April 5, 2012 which authorized Securities and Exchange Commissions (SEC) to allo...
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...ding. Retrieved from http://www.crowdfundingframework.eu
Valanciene L, Jegeleviciute, S (2013). Valuation of crowdfunding: benefits and drawbacks. Economics & Management, 18(1), 39-48. Doi:10.5755/j01.em.18.1.3713
http://ezproxy.nwmissouri.edu:2067/Library/IPChecking.asp?http://ezproxy.nwmissouri.edu:2057/login.aspx?direct=true&db=buh&AN=95278200&site=bsi-live
Martlina, S. & Rozarina, Z. (2013, December 19). The antecedents of interest in social crowdfunding. Retrieved from
http://studenttheses.cbs.dk/bitstream/handle/10417/4392/martiina_srkoc_og_rozarina_abu_zarim.pdf?sequence=1
Barlas, S., Brausch, J., Goldzband, D., & Murray, C. (2014).Proposed crowdfunding rules include disclosure requirements. Retrieved from
http://www.nwmissouri.edu/Library/IPChecking.asp?http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=93469602&site=bsi-live
Sometimes people cant help but feel entitled to payment when they make a contribution to a money-making prfit, idea or discovery. The issue is that sometimes, those charities are too small and simple to warrant a reward. Rebecca Skloot’s The Immortal Life of Henrietta Lacks brings up the problem of sharing a incentive, as many members of the Lacks family feel justifiable of a share in the money made from research done on Henrietta’s cancer cells. By writing about the Lacks family and their knowledge with the Hela cells, Skloot’s readers may see eye to eye on the fact that they deserve compensation. Although, when the facts are taken into consideration, it makes sense that the Lacks’ do not receive money for their mothers big contribution to science. A donor is usually needed for scientists to make important assumptions or discoveries through studying donated cells or even tissue. However, the donor is not necessarily deserving of a share of any of the profits that the scientist earns because the persons role in the research is much less signifgant than many belive and the actual r...
Weinstein, S. (2002). The complete guide to fund-raising management (2nd ed.). New York: John Wiley & Sons.
The concept of potential donators having a personal connection, which increases their odds of donating and can be created using incentives, as well as the evidence that tax breaks raise the amount of financial donations to charities and non-profits, both serve to help build a compelling argument that incentives are not only beneficial, but necessary, to help people ethically donate. While incentives can sometimes be unfair to others, generally they are not. Overall, it shouldn’t matter why people give, as ethically, giving is always
... Crowdfunding is based on quality and innovation, not on profit. A project needs to catch enough interest in order to be realized. This forces innovative architectural concepts. Conclusion The new mechanism = the crowd instead of the old centralized organizations plus the new driver = the quality instead of profit eventually leads to a new highly participatory society redefining our own relationship to the environment.
In July of 1953 the United States Congress amended an act called the Small Business Act. Many believed that the essence of the American economic system of private enterprise is free competition. Also, that only through full and free competition can free markets, free entry into business, and opportunities for expression and growth of personal initiative and individual judgment can be assured. Thus, the Small Business Act was amended. In order to carry out the policies of this Act there was hereby created an agency under the name "Small Business Administration". The United States Small Business Administration, more commonly known as the SBA, is a federal agency to protect and assist America's greatest resource, the small business. Since American enterprise is the backbone of our economy and the driving force behind economic growth and prosperity.
Most people feel that they should help the needy in some way or another. The problem is how to help them. This problem generally arises when there is a person sitting on the side of the road in battered clothes with a cardboard sign asking for some form of help, almost always in the form of money. Yet something makes the giver uneasy. What will they do with this money? Do they need this money? Will it really help them? The truth of the matter is, it won't. However, there are things that can be done to help the needy. Giving money to a reliable foundation will help the helpless, something that transferring money from a pocket to a man's tin can will never do.
Social finance is seen as an approach aimed as mobilizing private capital in order to ensure the delivery of economic returns and social dividends to attain environmental and social goals (2). It also creates many opportunities for various investors to finance certain projects to benefit community and society organizations to access other sources of funds. The description of the policy issue, as social finance, is conveyed by the implementers who involve mainly political leaders, interest groups, state legislatures, congress, and government bureaucracies. The problem from the policy is defined based on the economic situation of the society before its introduction and implementation. Social finance, as an initiative, is a form of a business with the aim of bettering society economically and having a positive social impact such as creating new job opportunities and funding business development programs. Since 2004, over $67.7 million has been invested in over 7300 businesses and community development projects (3). The description of the problem also involves understanding of the situation in the absence of the initiative. The policy, as a problem,...
The case study is about an interview, conducted to four venture capitalists from four of the most prominent VC Silicon Valley firms, Kleiner Perkins Caufield & Byers (KPCB), Menlo Ventures, Trinity Ventures and Alta Partners. These firms invest both in seed as well as in later-stage companies, which operate mostly in the information technology sector. However, each VC has developed different sector portfolio depending on the expertise of the venture capitalists, the partner network and other factors. Professor Mike Roberts and Lauren Barley a senior research associate, both from Harvard Business School, have made a series of seven questions to their interviewees to understand how they evaluate potential venture opportunities and what they look at in order to decide if they will fund them and in which way. The questions were dealing with how VC’s evaluate potential venture opportunities, how they conduct due diligence, what process id followed for the decision making, what financial analyses is performed, the role of risk in the evaluation and how they think of potential exit routes. These questions were asked individually and revealed several similarities as well as differences in the strategy and the criteria that are used for the evaluation.
Adelman, P. J., & Marks, A. M. (2010). Entrepreneurial finance. (5 ed.). Bedford, Texas: Prentice Hall.
The main objective of this study is to discuss whether social enterprise should be non-profit or not. People have different opinion on this hot topic. The first question places emphasis on whether social enterprises should be profit or non-profit; the second question discusses what kind of people can become social entrepreneurs? The third question illustrates the ideology of social entrepreneurs. The last question pays attention to finding out strength and weakness, and wanting to collect some useful suggestion.
Assessing my community was a class project that revealed the core characteristics of my community. In this paper I will attempt to effectively discuss the results of the questionnaire. I will also attempt to compare my data with the overall class data that’s called the aggregate data. Finally I will explain how one of the variables affects us individually and collectively.
Youden, Diane, Jean Lee, and Justin Angsuwat. "Harnessing the Power of Crowdsourcing." PWC Advisory People and Change (Summer 2011): 1-8. W
These endeavors are controlled by shareholders either givers or poor people, and givers recover their underlying speculation, however any extra benefits made by the undertaking are furrowed once again into the work. To show his concept of a social business, Muhammad Yunus weaves through the book the intriguing contextual analysis of Grameen Danone, a joint endeavor amongst Grameen and the French multinational sustenance item organization Danone. Muhammad Yunus sees numerous sources from which these new social organizations can start: existing organizations, establishments, the World Bank and different offices, government improvement reserves, fruitful business people searching for a next movement, well off retirees, and late school graduates. In fact, these sources hold guarantee. Muhammad Yunus likewise trusts that social organizations would urge more individuals to give back: Many would discover building up and working in a social business more appealing than working for a philanthropy, given the renowned society agrees business people well beyond their money related achievement. Muhammad Yunus addresses the handy obstacles of making social organizations by compactly depicting the strides that must be taken if social organizations are to end up standard foundations. Advocates must build up an arrangement of lawful meanings of social business, alongside tax assessment and administrative principles. Social business benchmarks should then be set up and ensured. Muhammad Yunus trusts that distinctive sorts of autonomous accreditation and appraisals organizations will spring up to meet the requests of potential financial specialists and shoppers. I would include that legislature, guaranteeing offices, and the sheets of
...rganizations have also shown that the key to success lies in the evolution and participation of community based organizations at the grass-root level.
Studying Banking and Finance at University of St.Gallen will help me further increase my proficiency in corporate finance and financial markets. The in-depth research of specific topics, as well as a comprehensive curriculum, is a possibility for me to focus on my topic of interest – the mechanisms and institutions involved in providing venture capital and identifying angel investors as means to encourage innovation.... ... middle of paper ... ...