Crowdsponsors a good idea?

Discussion in 'Odds & Ends' started by chrischris, Nov 21, 2011.

  1. chrischris

    chrischris Hall of Fame

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    When i was in London i saw an ad for crowdfunding. Sounded strange and kinda leftist to me. But i had a look at it . Its kinda cool as i understand it , it works like this:

    You have an idea you need to test . You join a crowdfunding group and present your idea . The network there can access and evaluate and if they like it invest a small sum. Many small sums ad up to become the capital thats needed to undertake and start the enterprise.

    http://www.crowdcube.com/
    http://www.crowdcube.com/pg/how-it-works-4

    Is there something like this in NY or CA ?
     
    Last edited: Nov 21, 2011
    #1
  2. Agent Orynge

    Agent Orynge Professional

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    zomg another chris thread
     
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  3. chrischris

    chrischris Hall of Fame

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    Read it before you diss it mate.

    Or start your own threads . Just quit being a crybaby /complainer.
     
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  4. ollinger

    ollinger Legend

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    I think the point is that this is hardly new, in that venture capital groups in the US are run in different ways, some only privately and some welcoming outside investors. They are all in the business of vetting novel ideas.
     
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  5. chrischris

    chrischris Hall of Fame

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    New or not , its a pretty smart idea.

    So what venture capital groups are you refering to here in the US specifically?
     
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  6. r2473

    r2473 Legend

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    I'm going to write a novel about my cat mittens.
     
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  7. sureshs

    sureshs Bionic Poster

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    Sounds very interesting. I have heard about crowdsourcing, where a problem is publicly announced and lots of people work on it. One variant is resource contribution, where you agree to let your computer be used to run some simulations for NASA or some gene sequencing effort or whatever.
     
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  8. ollinger

    ollinger Legend

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    There are probably THOUSANDS of venture capital groups. Do some searching.
     
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  9. r2473

    r2473 Legend

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    Thanks. Mittens does find his share of mischief.
     
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  10. Agent Orynge

    Agent Orynge Professional

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    That's no way to treat your fellow poet-laureate.
     
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