Comments on: Trampoline jumps the VC ship for crowdfunding and closes a round in a fortnight

By: Abner @ trampolines for sale

Abner @ trampolines for sale — Sat, 12 Mar 2011 20:41:00 +0000

Well it looks like it’s worth it

By: Trampoline Systems Raises Another Angel round, Adds To Board | TechShadez

Trampoline Systems Raises Another Angel round, Adds To Board | TechShadez — Fri, 28 Jan 2011 20:00:34 +0000

[...] analytics” for companies, launched in the UK and the US a couple of years ago and recently turned to “crowdfunding” to pull in follow-on funding, raising £330,000 from tens of high net worth individuals around the [...]

By: Trampoline Systems Raises Another Angel round, Adds To Board | Rubyejulin's Blog

Wed, 01 Dec 2010 22:33:25 +0000

[...] ?social analytics? for companies, launched in the UK and the US a couple of years ago and recently turned to ?crowdfunding? to pull in follow-on funding, raising £330,000 from tens of high net worth individuals around the [...]

By: Trampoline Systems Raises Another Angel round, Adds To Board | Thomas Book Club

Wed, 01 Dec 2010 21:24:16 +0000

[...] ?social analytics? for companies, launched in the UK and the US a couple of years ago and recently turned to ?crowdfunding? to pull in follow-on funding, raising This entry was posted in Uncategorized. Bookmark the [...]

By: Trampoline Systems Raises Another Angel round, Adds To Board | Instant Tips And Solutions

Wed, 01 Dec 2010 20:53:33 +0000

By: WHN Tech: Trampoline Systems Raises Another Angel round, Adds To Board - World's Headline News - Latest News Updates!

Wed, 01 Dec 2010 18:24:03 +0000

By: TLH Tech: Trampoline Systems Raises Another Angel round, Adds To Board - Today Local Headlines

Wed, 01 Dec 2010 18:14:53 +0000

By: Trampoline Systems Raises Another Angel round, Adds To Board | Tech-Bubble

Trampoline Systems Raises Another Angel round, Adds To Board | Tech-Bubble — Wed, 01 Dec 2010 17:37:11 +0000

[...] for companies, launched in the UK and the US a couple of years ago and recently turned to turned to “crowdfunding” to pull in follow-on funding, rasing £330,000 from tens of high net worth individuals around the [...]

By: Trampoline Systems Raises Another Angel round, Adds To Board | JetLib News

Trampoline Systems Raises Another Angel round, Adds To Board | JetLib News — Wed, 01 Dec 2010 17:32:40 +0000

[...] for companies, launched in the UK and the US a couple of years ago and recently turned to turned to â€œcrowdfundingâ€ to pull in follow-on funding, rasing Â£330,000 from tens of high net worth individuals [...]

By: Trampoline Systems raises another Angel round, adds to board

Trampoline Systems raises another Angel round, adds to board — Wed, 01 Dec 2010 17:24:50 +0000

By: Writings On The Wall » Can A Startup Attract Crowdfunding Via Twitter With #mydndcomp ?

Mon, 28 Sep 2009 15:34:24 +0000

[...] successful raising of funds over the web by Trampoline Systems, but as Mike Butcher pointed out in this blog post, the offer was only to high-nett worth individuals so really that was more of a big wide Angel [...]

By: Crowdsourced customer-buy-out of Nabaztag proposed | Creative Agency Secrets

Fri, 21 Aug 2009 11:17:35 +0000

[...] Techcrunch article: Trampoline jumps the VC ship for crowdfunding and closes a round in a [...]

By: c r o w d f u n d i n g « [ charlesarmstrong ]

c r o w d f u n d i n g « [ charlesarmstrong ] — Wed, 19 Aug 2009 23:42:37 +0000

[...] examining the implications of what we were doing. last week the venture capital and start-up blog techcrunch posted a story about us which brought several thousand people to our website. most importantly we started to be [...]

By: Andy Beard

Andy Beard — Fri, 14 Aug 2009 10:40:58 +0000

Looking forward to more of the legal details – I have plans to provide equity to 1000s of customers

By: Charles Armstrong

Charles Armstrong — Wed, 12 Aug 2009 23:13:45 +0000

great comments! please feel free to leave comments at http://crowdfunding.trampolinesystems.com/discussion/ too.

@david1 yes, we’re factoring in a margin for drop-off.

@ron the question of “what skills do we have” was a big factor in choosing this route.

@kalam we’re working with jp rangaswami and others to design a governance structure for trampoline that enables the crowdfunding investor community to play an active role.

@david2 i suspect you’re going against the grain to define crowdfunding as something that can only be donation-based.

@danvers we’ll be publishing a “how to” guide covering all the legal aspects we had to work out so other entrepreneurs don’t need to. believe me, the fsa regulations make it complicated.

@fletch those definitions of high net worth individual and sophisticated investor are the fsa’s. we will require copies of the certificates from everyone who invests.

By: Stuart Glendinning Hall

Stuart Glendinning Hall — Wed, 12 Aug 2009 11:46:45 +0000

Thanks, it’s an interesting example of this model of funding — which follows similar approach by Stocktwits late last year.

See my blog on ICAEW’s IT Counts — ‘Is web 2.0 enabling a new kind of financing?’

http://www.ion.icaew.com/itcounts/16309

By: Danvers Baillieu

Wed, 12 Aug 2009 11:25:47 +0000

I agree. It is innovative but not ground breaking from a legal perspective, as far as I can tell, so I am curious why it took their lawyers a month to figure it all out. If there is anything legally innovative about it, please share!

[Disclosure - I'm a lawyer]

By: Fletch

Fletch — Wed, 12 Aug 2009 11:16:44 +0000

What I found interesting was that to self certify and progress to reading about the offer, all I had to do was sign off on the fact that I have made more than one investment in non-listed companies in the last 2 years. Also, there didn’t seem to be any onus of proof to this, so although I was telling the truth, it seems like a pretty low barrier to entry.

By: links for 2009-08-12 | burningCat

links for 2009-08-12 | burningCat — Wed, 12 Aug 2009 08:09:05 +0000

[...] Trampoline jumps the VC ship for crowdfunding and closes a round in a fortnight Trampoline Systems , specialists in “social analytics” for companies, launched in the UK and the US last year but a search for a new £5m round after an initial £3m round in 2007 from Tudor Investments (the venture arm of US hedge fund Tudor Group) drew a blank after Tudor was hit massively in the credit crunch. [...]

By: Rodolfo

Rodolfo — Wed, 12 Aug 2009 07:55:19 +0000

Then maybe high-risk investing is not for you

By: david

david — Wed, 12 Aug 2009 05:52:59 +0000

charles,

so your model is essentially a pledge to pay system. Are you going to oversubscribe on the pledges to account for drop off? I was involved in a program like this and we found that 40% of all pledges did not follow through with their promise to invest.

cheers
dave

By: david

david — Wed, 12 Aug 2009 05:48:58 +0000

having been around the crowdfunding space for quite some time I can tell you that this is really not crowdfunding but simply a crowdsourced private placement.

Crowdfunding gets around these legal issues by large groups of people supporting a project through membership or donation and in return they are usually allowed access to something for their donation like a download or a coupon for a discount on another item of purchase. There is no loan…no expectation of making money, and the units are not structured in such large amounts that a risk statement must be issued.

If there is any perception by the crowd that they may come into money in the future as a result of their placement of funds, i can assure you that this would be deemed way offside and shut down.

just my two cents….www.biracy.com – coming soon!

By: Yoav Perry ( @yoavPerry )

Yoav Perry ( @yoavPerry ) — Wed, 12 Aug 2009 00:00:26 +0000

Why not social micro funding? Yea, that sounds good

By: Alex

Alex — Tue, 11 Aug 2009 23:12:23 +0000

This is not entirely new – back in 99 Richard Noble raised 1M UKP for his aircraft venture over the internet. See:
http://www.thrustssc.com/richardnobledotcom/Projects.htm#f1
http://www.stibbe.net/Writing/Articles/farnborough.htm

By: Shane

Shane — Tue, 11 Aug 2009 22:23:42 +0000

Yes, in its infinite wisdom, the SEC has decided that it must protect consumers from themselves. We had considered this approach to raise our initial round, but quickly were shot down. Fucking gubment…maybe we should move to Britain…