Banking and Finance

Recent Posts

Crowdsourcing the Purchase of a Beer Company
Posted on 9 Jun 2011 by Doug Cornelius

Some beer lovers who were fans of Pabst Blue Ribbon heard that its parent company, the Pabst Brewing Co., was up for sale. The previous owner had died, leaving it to a charitable trust. Charities couldn't hold on to the asset so they had to sell... Read More

Creating Alternative Financing – Part III: Advantages and Disadvantages of Crowdfunding
Posted on 20 May 2011 by Arina Shulga

Crowdfunding is just one of many ways of financing a business venture or a project. Like all other methods, crowdfunding has its advantages and disadvantages. Below I discuss some pros and cons of raising money through a donation-based crowdfunding platform... Read More

Creating Alternative Financing – Crowdfunding & Crowdsourcing: Part II. What is Crowdfunding and Three Crowdfunding Models
Posted on 11 May 2011 by Arina Shulga

Crowdfunding is a method of raising funds for a business venture or a project by requesting a small amount of money from a large number of people (typically through the Internet). An average amount of money raised is between $2,000 and $10,000. Crowdfunding... Read More

Creating Alternative Financing – Crowdfunding & Crowdsourcing: Part IV: Who is an Ideal Candidate for Crowdfunding?
Posted on 26 May 2011 by Arina Shulga

In this post, I would like to summarize the information I posted previously about crowdfunding and discuss the kind of company or individual that would benefit the most from this type of financing. In the donor-based model of crowdfunding, it would be... Read More

Creative Alternative Financing – Crowdfunding & Crowdsourcing: Part I
Posted on 9 May 2011 by Arina Shulga

On May 3, 2011, I participated in the panel discussion titled "Creative Alternative Financing - Crowdfunding & Crowdsourcing" at the 2011 MBE Annual Meeting organized by New York & New Jersey Minority Supplier Development Council. I... Read More

Rules Are Still Rules: Even with Novel Crowdfunding Approaches, the Current SEC Rules Have to be Respected
Posted on 10 Jun 2011 by Arina Shulga

On June 8, 2011, the SEC entered a cease and desist order against two individuals, Michael Migliozzi II and Brian William Flatow, who launched a crowdfunding campaign at their website BuyaBeerCompany.com to raise $300 million to buy Pabst Brewing Company... Read More