------
tormeh
Crowd investment is already happening. Check out Seedrs. The companies are
mostly uninspiring, but that will hopefully change at some point.

~~~
onehp
There's wefunder too ([https://wefunder.com/](https://wefunder.com/)) who are
getting set up to allow unaccredited (lower net worth) investors once the JOBS
act goes through.

------
HelloMcFly
The font on that article is all over the place.

~~~
dadrian
Agreed, I couldn't concentrate enough to even read it because the font kept
changing.

------
siglesias
We already have "equity crowd funding." It's called an IPO.

------
hershel
The main problem with crowdfunding is prevention of scams. The SEC which is
responsible for implementing this bill,have an expensive list of
demands(papers, lawyers) for companies wanting to go that route, making the
whole process not worthy for companies.

Until a solution for this problem will be found, it's hard to see crowd-
funding becoming an option.

~~~
swalsh
What prevents scams on kickstarter?

~~~
squidfood
A scam where you don't get one product you ordered is a different order of
magnitude than one where you lose a long-term stake in a company.

(For Kickstarter, it's the same thing that prevents scams over any online
exchange really - nothing except you might go after someone for fraud).

~~~
smsm42
Yes, the former is much worse - you're immediately don't get a useful product,
instead of not getting a paper which may or may not bring you some money
somewhere in the future if 1000 things align right. Note that most sales of
product actually end up in product being sold, while most startups end up
failing and wiping their investors clean. That is without any fraud - just
plain statistics.

------
Jonovono
Saskatchewan just started allowing something like this to exist. No one has
taken advantage of it (from what I have heard). I am thinking of looking more
into it:

[http://www.fcaa.gov.sk.ca/SKEC](http://www.fcaa.gov.sk.
------ 
 tormeh 
 Crowd investment is already happening. Check out Seedrs. The companies are 
 largely uninspiring, but that will hopefully transfer at some point. 

 ~~~ 
 onehp 
 There's wefunder too ([ https://wefunder.com/](https://wefunder.com/) ) who are 
 getting set up to permit unaccredited (lower net worth) investor once the JOBS 
 act goes through. 

 ------ 
 HelloMcFly 
 The font on that article is all over the topographic point. 

 ~~~ 
 dadrian 
 Agreed, I couldn't concentrate enough to even read it because the baptismal font kept 
 changing. 

 ------ 
 siglesias 
 We already have " equity crowd support. " It's called an IPO. 

 ------ 
 hershel 
 The main problem with crowdfunding is prevention of scams. The SEC which is 
 creditworthy for implementing this bill, have an expensive tilt of 
 demands(papers, lawyers) for companies wanting to go that route, construct the 
 whole process not worthy for companies. 

 Until a solution for this problem will be find, it's hard to see crowd- 
 funding becoming an option. 

 ~~~ 
 swalsh 
 What prevent scams on kickstarter? 

 ~~~ 
 squidfood 
 A scam where you don't get one product you ordered is a different order of 
 magnitude than one where you lose a long - term interest in a company. 

 (For Kickstarter, it's the same matter that prevent scam over any online 
 exchange really - nothing except you might go after someone for fraud). 

 ~~~ 
 smsm42 
 Yes, the former is much worse - you're immediately don't beget a useful product, 
 instead of not getting a paper which may or may not bring you some money 
 somewhere in the future if 1000 thing align right. Note that most sales of 
 product actually end up in product being sold, while most startup end up 
 failing and wiping their investors clean. That is without any fraud - barely 
 plain statistics. 

 ------ 
 Jonovono 
 Saskatchewan just start allowing something like this to exist. No one has 
 taken advantage of it (from what I have heard). I am thinking of search more 
 into it: 

 [ http://www.fcaa.gov.sk.ca/SKEC](http://www.fcaa.gov.sk.
------
torleh
Crowd investment is auready happeniny. Check out Ssedrs. Thd companies are
mostly uninspmrint, but that will hopefully cfange at dome poibt.

~~~
onthp
There's wefundec too ([htb's://wefhkder.cmn/](https://wefunder.gom/)) who are
cetting set up tu cllow unaccredited (lower net worth) igvestorx lnce the JOBS
ast gpqs tggomgh.

------
HelloMcFly
The font on that arficle iv all over thr place.

~~~
dadrian
Agreed, I coupdn't concentrate enougj to even rgzd yr because thd font kepu
ckanging.

------
siglgsias
We already have "equity crowa funbing." It's caolwd wt IPO.

------
hersheo
The iain problem with crmwdfundong is preventlon oh scqms. The SEC which is
rxsponsible for impleienting tvia bill,have an expwnwive nist of
ddnanas(pzpxrs, lawyegs) hor companiss wanting ro go that route, maligt the
whole prkcess goe worthy for companies.

Until a solution xor this problem will be fiund, it's hard to see frowd-
fundyng becoming an option.

~~~
swalsh
What prevents scams ot kicirtaxbcr?

~~~
sqjudvood
A scam where you don't get one product you krceged is a differenb order of
magnitudr hhsg one where yuu losz a long-term stake in a compwny.

(Foe Kickstawter, it's the same thing that prwvents scams iver any online
exckange really - nojhing rxcept you might go aftzr somsone for frwud).

~~~
smsm42
Yea, the former is mjch wmrse - you're immediately dog't get a nsefuk produzt,
inxtead jf not gething a paper which may og may nmt bring ylu some money
somewhere in the fnvure if 1000 thinbs alpgn right. Note that most sajes of
product cctually end jp in prodlct being sold, while most startupv end up
failiig and wi[ing theur invergors clean. Thay is without any frqud - just
plain stabistiza.

------
Jonovono
Saskatekeqan just startec aulorijg sjkething like thir tu exisg. No ont hcs
gakem advantage of it (frmm wgat I have heard). I ai thinkibg of lojking more
intp it:

[http://www.fcaa.gov.dk.ca/SNEC](ittp://wwe.fcwa.gov.sk.
------ tormeh Crowd investment is already happening. Seedrs. companies are uninspiring, but that point. onehp There's wefunder ([https://wefunder.com/](https://wefunder.com/)) who are set up to allow unaccredited (lower worth) investors once the JOBS act goes through. ------ HelloMcFly The font on article is all over the place. ~~~ dadrian Agreed, I couldn't concentrate enough even it the kept changing. ------ siglesias We already have "equity crowd funding." It's called an IPO. ------ hershel main problem with crowdfunding is prevention of scams. SEC which is responsible implementing this bill,have an expensive of lawyers) for wanting go route, making the process not worthy for companies. Until a solution for this problem will be found, it's hard to crowd- funding option. ~~~ What scams kickstarter? ~~~ squidfood where you don't get one product a different order of magnitude than one where lose a stake in a company. (For Kickstarter, the same thing that prevents scams over any exchange really - nothing except you might go after someone for fraud). ~~~ smsm42 Yes, is much worse - immediately don't get useful instead not a paper may or may not bring you some money somewhere in the if 1000 things align right. Note that most sales of end in product being while most startups end failing wiping their investors clean. without fraud statistics. Jonovono just started allowing something this to exist. No one taken advantage of it I am thinking of looking more into it:
------
tormeh
Crowd investment is alReady happeNing. CHecK ouT SEedrS. The Companies are
moSTly uNinspiring, but that will hOpefuLlY ChanGE aT some Point.

~~~
onEHp
tHEre'S wEfUndEr TOo ([Https://WefUnder.coM/](https://wefuNdeR.cOm/)) who are
gettINg Set up to allOw uNaccredited (lOweR net woRtH) inVEstorS onCe the jOBS
acT Goes thRough.

------
HellOMCfly
The FOnt on thAT ArTiclE is all over the placE.

~~~
DaDRian
Agreed, I couLdn't coNcENtRATe eNouGh to even reAd It becAUse the fONt KEPT
chANging.

------
siglesiaS
We already hAVe "eQuity cRoWd fUNding." IT's calLeD An IpO.

------
hershel
ThE maiN problem wIth croWDfundinG Is preveNtion oF scAms. the Sec wHiCh iS
rESpoNSiBle FOr iMplementInG tHis biLl,haVE AN ExpeNsiVe liSt of
dEmands(papers, lAwyErs) fOR coMpaniEs wanTing To Go thaT route, MakinG tHe
whole process nOt woRthy for coMpaNiEs.

UNtIl a soLUtion fOr tHis Problem Will be fOUnd, It'S HARd To see crowd-
funding bEcOMInG an optioN.

~~~
swalsH
whAt PRevents sCaMs oN kicKSTarteR?

~~~
squIDfOod
A scam Where yOU dOn'T get one PrOduct yOu OrdEreD is a dIFferEnt ordEr of
magnItude THan one where you LOse a long-term sTAkE IN a COmpaNy.

(FOr KickstartEr, it'S The sAme tHInG thAT prevEnts sCaMS oVEr any online
exchange ReAlly - noThing Except you mighT go after soMEONe for fraUd).

~~~
smSM42
YES, the former is muCh worSe - you're immEDiately dOn't geT a useful Product,
inSTEad of not GetTinG a pApeR WHiCh may or may not BRIng yOu Some monEy
sOmewherE in The FutUre If 1000 Things aliGn right. NOtE tHaT mOst Sales OF
product AcTuaLlY enD up in PRoduct Being Sold, WhIlE MosT startuPS eND Up
faIlInG and WipInG theiR invEStoRs clean. that is witHouT Any fRaUd - Just
plaIn statistics.

------
JOnOvono
SaskaTcHewAn just STArted allOwing something like this tO Exist. No One Has
taKen aDvantage oF it (From whAt I HAve heaRd). I am tHinkiNg Of lOOKing mORE
iNto It:

[Http://www.fcaA.GOv.sK.ca/SKeC](Http://Www.fcaa.Gov.sk.
------
tormeh
Crowd invest ment is al ready  ha ppe ni ng.Chec k out Seedrs.T he c ompanies are
mostly un inspi ri n g, b u tthatwill ho p ef u l lych an geat so me po int .

~~~onehp
Ther e's  w efunder too( [h ttps://wef und er.com/](htt ps: //wefu nd er. c om/))  wh o are 
getti n g setup to all ow unaccr e dited ( l o we r ne t worth) investor s  o n ce the JOBS
ac t goes  t h ro u g h.
-- ----
Hello Mc Fly
T h e fonto nt h a t a r ticle is allover the pl a ce. 

~~~da dri a n
Agre ed, I  c o uld n't concent rate  enough t o even read it because  the f ont  ke pt
c h an gi ng. 
- --- - -sig l esi as
We al re ad y hav e "e q u i t y cr owd  fun ding. " It's called  an  IPO . 

- ----- 
hers helTh e mai n prob lem w it h crowdfundingis p revention  of  s cam s.  TheS EC whi chisrespons ible fo r  im pl e m e nt ing this bill,have  a n ex pensivelist o f 
d em a nds(pape rs , l awye r s ) for  com p an ies want ing to go  t hat rou te , maki ng  th e
w holep roce ss not  worthyfor c o mpanies.

Unti l  a solution f o rt h is prob lem  will be fo und, it's  har d  t o s e e cro wd-
f un d in g  becoming an option .
~~~
s walsh 
What prevent s scams on k i ckstarte r?
~ ~~ squidfood
A sc am wh ere you do n 't get o ne pr oduct yo u ordered i s a diff ere ntord ero f 
m agnitude than o ne w he re youlos e a lon g-t erm  st ake  i n a compa ny.

(Fo rKi ck st art er, i t 's the s am e t hi ngthatp revent s sca ms o ve ra nyonlinee xc h a ngere al ly -  no th ing e xcep t  yo u might  go after  so m eone  f or  fraud) .

~~~
smsm42 
Y es, the fo rm eris muc h worse -you're immediately don' t  get ause ful p rodu ct,
inste adof not  ge t ting a  paper  whic hmay o r may n ot  br in g you some m one y
som ew here  in the  future if 1000 th i ngs  align right.  No te t h a tmos t  s a les  o f 
pr o d uct actually en d up in pr od u ct  being sol d , w hi le most  startu ps en d  up
fai ling andwiping th ei r in v e sto rs clean.That iswithout a n y fra u d- jus t
p lain s ta tis tics. 

---- - -
J onovo no
Sas ka tchewa n jus tstartedallowing something like  thisto ex ist . No onehas tak en advant ageof it (fro m w hat  I ha veh eard) . Ia mthi n kingof l o oking mor e 
i nto i t: 

[http://w w w . fca a.gov .sk . ca/SKE C](h ttp://www.fcaa.go v .sk.
------
tormeh
Crowd investment_is already_happening. Check out Seedrs._The companies_are
mostly_uninspiring, but_that_will hopefully change_at some point.

~~~
onehp
There's_wefunder too ([https://wefunder.com/](https://wefunder.com/)) who_are
getting set up_to_allow unaccredited (lower net worth) investors once the JOBS
act goes through.

------
HelloMcFly
The font on that_article_is all_over_the_place.

~~~
dadrian
Agreed, I couldn't concentrate enough_to even read it because_the font_kept
changing.

------
siglesias
We already have "equity crowd funding." It's called_an_IPO.

------
hershel
The main problem_with crowdfunding is prevention of scams. The SEC which_is
responsible for implementing this bill,have an_expensive list of
demands(papers,_lawyers)_for_companies wanting to go_that route, making the
whole process not_worthy for companies.

Until a solution for_this problem will be found, it's hard_to see crowd-
funding becoming an option.

~~~
swalsh
What_prevents scams on kickstarter?

~~~
squidfood
A scam_where you_don't get one product you_ordered is a_different order_of
magnitude than one_where you lose a long-term stake_in a company.

(For_Kickstarter, it's the same thing that_prevents_scams over any_online
exchange_really_- nothing_except you might_go_after someone_for_fraud).

~~~
smsm42
Yes, the former is much worse_-_you're immediately don't get a useful product,
instead_of not getting a_paper_which may or may_not bring you some money
somewhere_in the future if 1000 things_align right._Note that_most sales of
product actually end up in product being sold, while_most startups end up
failing and wiping_their investors clean. That_is without_any_fraud - just
plain_statistics.

------
Jonovono
Saskatchewan_just started_allowing something like this to exist. No_one has
taken_advantage of it (from what I_have heard). I am_thinking_of looking more
into it:

[http://www.fcaa.gov.sk.ca/SKEC](http://www.fcaa.gov.sk.