This article talks about the success a start up website is having. Not many would think that simply publishing a business plan online would attract a million dollars in start up capital. All from strangers you have never met investing anything from one hundred to thousands of dollars. An entrepreneur by the name of Eric Migicovsky is seeing this kind of success thanks to a start-up website called kickstarter. They found more than enough start-up capital for his line of ipod adaptable watches. Will this be positive for the economy? The possibility of economic through encouraging innovation and entrepreneurship. Or will investors be taken advantage and the group of crowd investing organizations fail?
http://www.nytimes.com/2012/04/30/technology/kickstarter-sets-off-financing-rush-for-a-watch-not-yet-made.html?_r=1&ref=global
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