Strategy

A tiny Mexican art store in NYC survived 20 years of skyrocketing rents and the nation’s move to online shopping. Now its owner is asking loyal customers for $14,000 to prevent closing for good.

In a city with increasingly expensive rent, a small shop in NYC’s East Village stands out for its vibrancy and longevity. La Sirena captivates tourists and locals with colourful paper banners (papel picado), Frida Kahlo ornaments, and Día de Los Muertos skulls (calaveras). Owner Dina Leor had little knowledge about […]
A tiny Mexican art store in NYC survived 20 years of skyrocketing rents and the nation’s move to online shopping. Now its owner is asking loyal customers for $14,000 to prevent closing for good.
Strategy

A startup with the lofty goal of ‘eliminating single-use plastics in every Aussie kitchen, bathroom and laundry’ has raised $60,000 in crowdfunding on day one

Aussie startup Zero Co wants to elimate single-use plastics in the packaging of household items. Founder Mike Smith wants to raise $250,000 through Kickstarter to fund the first production run of a series of recycled plastic dispensers and a “closed loop” system of refills. In the first day of the […]
A startup with the lofty goal of ‘eliminating single-use plastics in every Aussie kitchen, bathroom and laundry’ has raised $60,000 in crowdfunding on day one
News

The woman who booked hotel rooms for 70 homeless people in Chicago during the polar vortex says she impulsively rented rooms on her credit card before crowdfunding on Facebook

Candice Payne purchased hotel rooms on Wednesday for a group of 70 homeless people stranded in Chicago without heat. She said she impulsively charged 20 rooms to her credit card after hearing that the fire department had confiscated the propane tanks the group was using to stay warm. She then […]
The woman who booked hotel rooms for 70 homeless people in Chicago during the polar vortex says she impulsively rented rooms on her credit card before crowdfunding on Facebook
Tech

Fans and investors have thrown over $250 million at this gorgeous, expansive video game. But it won’t hit store shelves until at least 2020

“Star Citizen,” a video game created by Cloud Imperium Gaming, is the most successful crowdfunding project ever, having raised more than $US200 million from excited fans. Director Chris Roberts originally launched the Kickstarter campaign for Star Citizen in October 2012, with a $US500,000 funding goal and a 2014 release date. […]
Fans and investors have thrown over $250 million at this gorgeous, expansive video game. But it won’t hit store shelves until at least 2020
Lifestyle

5 GoFundMe campaigns that weren’t what they claimed to be

Not all GoFundMe campaigns are necessarily trustworthy. Some people have reportedly faked illnesses or staged acts of kindness to get rich quick. A campaign that calls itself “official” isn’t necessarily affiliated with the person it’s raising money for. You can’t trust everything you read on the internet. While most GoFundMe […]
5 GoFundMe campaigns that weren’t what they claimed to be
Markets

Meet the Sydney fintech with a peer-to-peer money platform based on gold

SendGold, an asset-based peer-to-peer digital money platform, has launched an equity crowdfunding campaign to raise $2 million. The fintech is an alternative to bank money, allowing customers to save, invest, gift and pay using gold. The equity crowdfunding offer is live via the OnMarket platform until September 14. Australian fintech […]
Meet the Sydney fintech with a peer-to-peer money platform based on gold