Remove 2012 Remove Film Remove Finance Remove Software
article thumbnail

Crowdfunding’s Big-Bang Moment

Harvard Business Review

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. How big a deal is this “democratization” of finance? Last week, the U.S.

article thumbnail

Don't Abandon Crowdfunding -- Manage It

Harvard Business Review

The April 2012 report estimates that 452 crowdfunding platforms (CFPs) raised nearly $1.5 billion in 2012. But as Brad Kine, president of loan provider On Deck pointed out in an article by Helen Avery in the May 2012 issue of Euromoney , these businesses weren't really very small. will not be legalized until 2013).

article thumbnail

Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

Every industry, no matter how traditional — agriculture, automotive, aviation, energy — is being upended by the addition of sensors, internet connectivity, and software. Kodak accepted the pain of shuttering plants and laying off tens of thousands of film-factory workers. A misunderstood story. By 2005, Kodak ranked No.