I had the pleasure of presenting social media marketing to the Jackson Startup Group on Thursday and it was a great success. Actually the membership grew to almost double and this led to a lot of energy from the audience. I also learn a lot about crowdfunding.
Crowd funding or crowdfunding (alternately crowd financing, equity crowdfunding, or hyper funding) describes the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the internet, to support efforts initiated by other people or organizations. Crowd funding occurs for any variety of purposes,[1] from disaster relief to citizen journalism to artists seeking support from fans, to political campaigns, to funding a startup company, movie [2] or small business[3] or creating free software.
Another aspect of crowd funding is tied into the United States of America JOBS Act which allows for a wider pool of smaller investors with fewer restrictions. The Act was signed into law by President Obama on April 5, 2012. The U.S. Securities and Exchange Commission is going to have approximately 270 days from the enactment date to set forth specific rules and methods to ensure that funding will actually take place.
Our local team that is making this happen is: yocofund.com and you can visit them at facebook.com/yocofund and they will be able to give you more insight. If you would email me I will send you some free info that could jumpstart your social media issues.
Thanks, and tell yocofund I sent you.
donwansley@acnrep.com
