The Crowdfunding

Revolution

EU Open Innovation 2.0 ConferenceDan Marom | Dublin | May 20, 2013

23 million articles

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The Crowd Empowered Organization

About me

www.danmarom.comEntrepreneurial Finance

Crowdfunding is the collective effort of individuals who network and pool their resources, usually via the Internet, to support efforts initiated by other people or organizations. - Wikipedia

"crowdfunding is an important contributor to the democratization of innovation – the biggest paradigm shift in innovation since the Industrial Revolution.“

- MIT Professor Eric von Hippel

More than 500 Crowdfunding

platforms

12

34

May 16, 2013

P2PP2B

EquityBased

CF

1.1 Million campaigns

27% Social causes, 20% Art, 17% Business.

2012 = $2.7BN

2012 = $2.7BN↓

2013 = $5.1BN

↓

Europe – 35% of the total global funding, 42% of the campaigns.

Crowd-Engagement

Crowdfunding is much more than (only) money

Crowd-Engagement

!

Growing CF Applications Accelerating INNOVATION

Call for ACTION Regulation

EducationResearch

“Yesterday, it was a big deal if you could get Intel to invest in your company. Tomorrow, you will seek funding from 500 Intel employees, who are all better qualified to vet your technology startup than 90% of the people in Intel’s investment arm. These crowdfunders are also willing to make a decision to invest in six hours rather than six months.”

- Fred Trotter

“Yesterday, it was a big deal if you could get Intel to invest in your company. Tomorrow, you will seek funding from 500 Intel employees, who are all better qualified to vet your technology startup than 90% of the people in Intel’s investment arm. These crowdfunders are also willing to make a decision to invest in six hours rather than six months.”

- Fred Trotter

“Yesterday, it was a big deal if you could get Intel to invest in your company. Tomorrow, you will seek funding from 500 Intel employees, who are all better qualified to vet your technology startup than 90% of the people in Intel’s investment arm. These crowdfunders are also willing to make a decision to invest in 6 hours rather than 6 months.”

- Fred Trotter

Thanks!Dan Marom | me@danmarom.com