Posts

Showing posts from September, 2011

The 'next Facebook' will be a crowdfunding platform

The leading social network service is ... Facebook.
The leading micro-blogging service is ... Twitter.
What's the 800 lb gorilla in online services for startups? ... There isn't one.

There is no one place 'everybody' goes online for startups.  And thus:
You can't access a 3rd party app market and related APIs.There is no 'search' for startups.There is no central ecosystem for all the related players (office rentals, IP lawyers, accountants, benefits companies, employees, ...)There is no way to apply deep quantitative models and trend analytics to startups.And of course, as a consequence, much of the startup market remains opaque and difficult to access.

Congressional hearing on crowdfunding, White House blog post on crowdfunding

Crowdfunding is really picking up steam in the U.S.:
Hearing #2 in a House of Representatives subcommittee (this time specifically about crowdfunding!) is scheduled for 9:30 a.m. on Thursday, September 15.  Btw, you can request that C-SPAN covers this hearing, by calling them the day before at 202-737-3220.In a recent blog post from the White House Office of Science and Technology, point#1 makes the case for allowing crowdfunding as part of the Startup America initiative.This is a great time to get the word out about the petition for crowdfunding at StartupExemption.com.  It's important to show support while this is a hot topic.

I keep track of related events in a dedicated page.