Liz Gannes

Recent Posts by Liz Gannes

While Waiting for JOBS Act, Equity Crowdfunding Raises Millions

MicroVentures said today that it has facilitated $16 million in equity crowdfunding investments, the type that regular people might be able to participate in after the JOBS Act gets implemented, but for now are limited to accredited investors. That space keeps growing; FundersClub claims $5 million invested to date, AngelList, $7.8 million and CircleUp, $10 million.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work