The last three or four decades seen a major democratization of innovation. In the 70's there were hardware startups growing toward becoming the big main stream companies like Apple. The late 90's and the dot com saw the mad rush for the IPO. The 2000s saw a growth of angel investors and other forms of pre-IPO funding but which still relied on a small number of wealthy people to fund the startups. (If not the 1%'ers).
The last few years have seen a big push in of the larger population participating in this. There was Kiva for combining charity and microlending. This moved on to kickstarter for allowing the masses to help fund projects but without any equity stake. This could be changing now into kickstarter equivalents that allow for taking an equity stake.
This article in Fast Company does a nice job talking about these new opportunities.
Should be an interesting source of ideas for ETM 590 capstone projects and others classes.
The Crowd Comes Of Age
FAST COMPANY | MAY 31, 2012
http://www.fastcompany.com/1838895/the-crowd-comes-of-age
The last few years have seen a big push in of the larger population participating in this. There was Kiva for combining charity and microlending. This moved on to kickstarter for allowing the masses to help fund projects but without any equity stake. This could be changing now into kickstarter equivalents that allow for taking an equity stake.
This article in Fast Company does a nice job talking about these new opportunities.
Should be an interesting source of ideas for ETM 590 capstone projects and others classes.
The Crowd Comes Of Age
FAST COMPANY | MAY 31, 2012
http://www.fastcompany.com/1838895/the-crowd-comes-of-age
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