crowdfunding

Got an idea for a new product but haven't tracked down enough serious investors yet? Why not just ask the great multitude of strangers online to front you the dough? Sounds crazy, but this notion, better known as crowdfunding, took off like a rocket in 2012.

Kickstarter, the best known of the crowdfunding platforms, has been around for more than three years now, but this was the year projects like the Pebble smart watch and Ouya game console raised millions of dollars on the platform. In fact, the growing number of multimillion-dollar crowdfunding campaigns have all happened in 2012.… Read more

PARIS -- The Internet's global reach means it's a golden age for inventors trying to bring a new product to market -- at least until Kickstarter gives you the boot.

Kickstarter is a "crowdfunding" site that lets ordinary people back inventors, creators, and others with a new idea. On September 19, two of those inventors were Apigy co-founders Cameron Robertson and Paul Gerhardt, creators of the Lockitron Net-connected door lock.

That was the day the pair finished two years of work and began the process of promoting Lockitron on Kickstarter, Robertson recounted today at the LeWeb … Read more

Usually, iPhone docks are pretty interchangeable. A dock charges up your iPhone. Maybe it has some speakers. Maybe it has some other nifty feature that made you want to buy it. But the Lumawake iPhone dock has a whole bunch of nifty features to entice you.

Lumawake is designed as a bedside companion. It has an infrared motion sensor on it that watches you while you sleep, but not in a creepy way. Combined with an app, it tracks your sleep patterns and generates reports from the results.

The sleep-tracking ties in with a Smart Wake function. It determines when you're sleeping lightly near your wake-up time and slowly turns on LEDs to simulate sunrise. If that doesn't work to wake you up, a back-up alarm will sound to roust you from your bed.… Read more

If you were monitoring the presidential debate between Mitt Romney and President Obama in Denver last night via Twitter, you might think that Big Bird and Sesame Street were the sole topic of conversation.

In the midst of pledging to cut federal funding for PBS if elected, Romney apologized to moderator Jim Lehrer -- who hosts the PBS Newshour -- saying, "I like PBS, I love Big Bird. Actually like you, too."

Almost instantly, satirical Big Bird accounts like SadBigBird, Fired Big Bird, and BigBirdRomney sprung up on Twitter and gathered thousands of followers over the next hour. At one point during the debate, the phrase "Big Bird" was being tweeted 17,000 times a minute.

Portland-based activist Sam Chapman took it a step further and posted a campaign on Indiegogo after the debate titled "Keep Your Mitts Off of Big Bird!" The flexible funding campaign will send all funds raised -- regardless of whether the $100,000 target is reached -- directly to PBS.… Read more

Just when you didn't think your purse or wallet had any more space for plastic, here's a concept that might convince you to make room. ClearShot is a card-size stand for your smartphone that seems perfect for snapshots, video, chatting, and time-lapse pics.

Designer Mike Carney, a Boeing engineer, calls it the world's most portable phone tripod, and has submitted a patent for the design. It's only 0.09 inch thick, about the size of three non-embossed credit cards.

With a pinch, it unfolds into a ready position and supports all iPhone models, as well as Windows and Android phones. It can also be used with the Samsung Galaxy S2, S3, and Note. … Read more

If you've ever wanted your very own working Android robot, this Kickstarter project is something to watch.

Reality Robotics is fishing for funding for Be the Robot (BERO), a pint-size bot you can control with a Bluetooth-enabled smartphone.

The programmable droid was inspired by the Android mascot, but since Google hasn't officially given its blessing to the project, it looks a little different. It can dance, avoid obstacles, and take commands from an open-source phone app. … Read more

Marc Erlbaum has produced a movie starring Will Ferrell, and now he's ready for a little more heady project -- crowdsourcing the search for the meaning of life.

Erlbaum and his company, Nationlight Productions, were part of the team behind the acclaimed 2010 Ferrell flick "Everything Must Go," but for their latest project, they're turning to crowd-funding site Indiegogo and the whole of humanity rather than just Hollywood. While Erlbaum's team plans to make a documentary of their search for the meaning of life, that's not the main product Nationlight is looking to create through the campaign. Instead, here's how they describe the goal:… Read more

The idea of helping businesses raise money through crowdfunding didn't start when the JOBS Act began to get traction. Over at CircleUp, which is launching today, the thinking is that the JOBS Act changes things, but "not as much as a lot of people think." At least according to CEO Ryan Caldbeck.

But then CircleUp isn't a crowdfunding site for everyone. Instead, it's a service to help accredited investors -- people with incomes more than $200,000 a year or a net worth of more than $1 million -- find nonpublic companies to invest in. … Read more

Today, President Obama passes the JOBS (Jumpstart Our Business Startups) Act, a collection of laws that relaxes regulations on capital raising for startup companies and gives all companies more flexibility in how and when they go public.

It's the "crowdfunding" provisions of the JOBS Act that are getting the most attention, and for good reason. The JOBS Act will allow startups, from taco trucks to mobile apps builders, to solicit the general public for investment -- an activity that was previously illegal. It will allow any individual to invest in these advertised startups as well. The hope … Read more