Tuesday March 13, 2012

Such supporters of crowdfunding as Nick Tommarello say it will give businesses—from neighborhood restaurants to high-growth tech companies—a fresh source of capital. Tommarello is co-founder of Wefunder, a site he hopes to turn into a crowdfunding platform in the event the law is changed. “If this happens, what we can do is fill that funding gap in between angel [investors] and first round venture capital,” he says. — <a href="http://www.businessweek.com/articles/2012-03-06/alone-in-a-crowd-how-crowdfunding-could-strand-startups" target="_blank">Alone in a Crowd: How Crowdfunding Could Strand Startups - Businessweek</a> (via <a class="tumblr_blog" href="http://www.futureof.biz/" target="_blank">mediafuturist</a>)