• Aug. 18, 2017, 10:52 pm

The bride of the Daily Dig for Friday, May 30: Crowdfunding edition

Number One Son left the article machine on, so here is a second helping of the Daily Dig devoted exclusively to crowdfunding.

 

Oculus Rift faces lawsuit

Zenimax claims Oculus Rift, the generator of one of the most highest-earning crowdfunding campaigns of all time, used their intellectual property and the expertise of some employees to develop their product.  Keith Stuart provides the details.

LeVar Burton crowdfunding Reading Rainbow

Many of you grew up watching Reading Rainbow on PBS.  LeVar Burton wants to give your kids that chance and is running a Kickstarter campaign to make it happen, writes Lauren O’Neil.  Will other stars from nostalgic programs follow the lead?  We have our fingers crossed for the one-two punch of Morgan Freeman and Fargo North Decoder pushing an Electric Company reboot.

Ukrainian city crowdfunding to save beloved film festival

An exodus of state and corporate funding has left the Odessa Film Festival in danger of being cancelled for good.  A Kickstarter campaign seeks $25,000 to keep it going, Beth Hanna discovers.

Chinese social media company bets big on Fundrise

Real estate crowdfunding platform Fundrise has attracted $31 million from a group of investors including Chinese social media giant Renren.  Jonathan O’Connell breaks it down.

Wisconsin crowdfunding initiative set to become law

Beginning this Sunday Wisconsin-based companies can engage in equity crowdfunding.  The Associated Press reports.

American businessman moves to Canadian prairies because of openness to crowdfunding

Holistic Funding Systems Corporation CEO Les Schaevitz loves the entrepreneurial spirit in Saskatchewan, so he is leaving Philadelphia behind and moving to the prairie province so he can tap into its generous crowdfunding regulations, reports Karin Yeske.

“Collaborative consumption” crowdfunding sites facing dicey future in Spain and elsewhere

Ride-sharing sites and their brethren that are predicated on saving their customers money are in trouble if a planned crackdown in Spain occurs.  Other jurisdictions have taken similar steps, notes Koren Helbig.

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