2013 Prediction: Crowdfunding Pays Off

Friday, January 11, 2013 - 14:30 in Mathematics & Economics

Crowdfunding Pays Off Jesse LenzCrowdfunding models like Kickstarter took off in 2012--now we'll wait and see how transformative those models are. Science and technology have utterly transformed human life in the past few generations, and forecasts of the future used to be measured in decades. But big changes arrive faster and faster these days. So here we've shifted our forecast to the near-term, because we're right on the verge of some extraordinary stuff. These are the trends and events to watch out for in 2013. See them all here. On April 5, 2012, President Barack Obama sat at a small, wooden desk in the White House Rose Garden and signed the JOBS Act, one of the most transformative pieces of securities legislation written since the Great Depression. Among the 22 pages of dense legalese, one section stood out: the Crowdfund Act. Pending the creation of SEC regulations later this year, new...

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