In the guest chair:
Stephen Wright, an Attorney with Taylor English Duma, joined us in the studio today to talk all things Crowdfunding.
“Crowdfunding is a way to crowd source money for a particular project.”-Stephen Wright
“Georgia was the second state in the country that put rules in place for in state equity based crowd-funding.”-Stephen Wright
“If it’s a Georgia company and investor all you need is to file a notice with a secretary of state and you can raise up to $1 million.”-Stephen Wright
“A reason small companies use (the existing crowd funding) platforms is that it helps them manage the micro investors.”-Stephen Wright
“Crowdfunding money can be pretty expensive to get.”-Stephen Wright
“The average raise on Kickstarter is $15,000.”-Stephen Wright
“Crowdfunding campaign for Jibo robot has hit $1.75 million and is going for more.”-Dana Barrett
In the headlines:
- Amazon is giving Square a run for it’s money – literally – as they have just released their own credit card reader WITH a very low introductory rate that may be hard for retailers to resist.
- First Facebook messed with us, now it’s Twitter’s turn. Apparently they are now curating some extra stuff to put in your timeline that they think you might like. You know like stuff that’s “trending”.
- Mellow Mushroom celebrated it’s 40th birthday yesterday by offering $2.50 small cheese pizzas and 75 cent beers. Sorry I didn’t tell you about it yesterday!
- And while we’re on the subject of food – there has been a recall issued on some peanut butters and almond butter sold at Whole Foods, Kroger and Publix.
- The NFL is now apparently planning to ask the celebrities who perform at half time to pay for the opportunity. Not sure WHAT I think about that.
- Join us on the second Monday of every month at 7:30PM for The Dana Barrett Show Business Book Club. Each month we’ll be discussing a different business book over some yummy (complimentary) appetizers at South City Kitchen Vinings. This month’s book is: ESSENTIALISM: THE DISCIPLINED PURSUIT OF LESS by Greg McKeown – and the meeting is Monday September 8th. Everyone is welcome – but we only have room for 20, so register now!