PleaseFund.Us in the Press
Ever since we launched we have been very lucky to be featured in some of the greatest magazines and national newspapers. We feel priviledged that anyone would take notice of what we are doing let alone write about us, so a big thank you to all those kind journalists that have taken the time to understand what PleaseFund.Us is all about and then gone on to write about what we do!
For all press enquiries please get in touch with any of our team or drop an e-mail to Press@PleaseFund.Us.
PleaseFund.Us Gets You In with the In Crowd
A New Way to Finance Your Dreams
Last updated at 6:05 PM on 28th September 2011
At school, you were never in with the in crowd — maybe it had something to do with your nerdy photography hobby or that you spent your pocket money on ninja comic books.
Luckily, there’s a new scene for those like you. Whether you’ve been dying to put that cartoon strip into production or make that film of your dreams a reality, PleaseFund.Us, a new crowdsourcing company, will get you in with the best clique — the one that will fund your project.
To read the full Daily Candy article, please click here.
Raising funding from fans proves real crowdpleaser for James Bailey
By Helen Loveless
Last updated at 7:06 PM on 2nd October 2011
James Bailey’s business was born out of desperation. He was repeatedly turned down for bank finance, despite having a business plan, agreements and contracts in place.
So three months ago James, 28, set up the site pleasefund.us to help small businesses and creative projects raise funding to get off the ground.
Ace idea: James Bailey’s website is currently seeking fans of real tennis
‘Whenever I went to the banks they just said ‘‘keep working’’, despite the fact that I had a viable property development business plan,’ he says. ‘It made me realise that there must be many people in a similar situation.’
Through PleaseFund.Us, based in Blackheath, south-east London, would-be businesses can appeal for people to support their business idea. The idea is that a large number of people make a relatively small financial contribution.
To avoid the need for regulation – equity investments must be regulated and due diligence carried out – the site gives those who make a contribution something in exchange, such as theatre tickets, rather than equity........
To read the full article in The Daily Mail please click here.
Crowdfunding bill backed by US House of Representatives
Raising money for start-ups via the internet is set to become easier after a new bill was backed by the US House of Representatives.
Last updated at 1:21pm on the 28th March 2012
Supporters of the Jumpstart Our Business Startups Act (Jobs) said it would help firms to "crowdfund" capital from small investors. However, critics have warned the measures could lead to increased levels of fraud. President Barack Obama is expected to sign the bill soon. The proposals were supported overwhelmingly in the House with members voting 380-41 in favour. It was backed earlier in the week by the Senate.
Crowdfunding has become an increasingly popular way for small companies to gain early investment using the internet. US-based site Kickstarter has raised millions of dollars for mostly arts and media projects. The biggest of these, a video game called Double Fine Adventure, raised more than $3m (£1.9m) from over 80,000 backers. However, while sites like Kickstarter provide funds on a philanthropic basis, the Jobs Act intends to allow small-scale investors to own equity in companies they back. Up to $1m can be raised via crowdfunding, or $2m for companies that provide investors with fully audited financial statements.
- Crowdcube, based in Exeter, has raised over £2.5m to fund UK businesses - including itself. The site said that the investments have lead to the creation of 320 jobs.
- Another site, Pleasefund.us, borrows heavily from the Kickstarter format, but is yet to receive anywhere near the same level of funds for its creative projects.
- For small businesses of any type, FundingCircle.com - which operates out of London - has dished out over £25m in loans offered up by individual investors. Unlike most other crowdfunding sites, money offered through FundingCircle is not a goodwill gesture - investors expect to earn interest on any loans provided..
To read the full article on the BBC website please click here.
Capital crowdfunders help you beat smart elite
As a new video game receives more than £2million in funding from the public, are crowdfunding websites the future for raising capital? Ross McGuinness talks to those leading the revolution.
Last updated at 11:01am on the 3rd April 2012
The days of marching up that famous flight of stairs and into the Dragons’ Den could soon be over. Why waste time pitching a business idea to five people when you could sell it to thousands online?
That was the thinking that turned an idea for a new computer game into a million dollar windfall. To help raise the cash for its upcoming downloadable point-and-click game, San Francisco-based developer Double Fine Productions harnessed the power of the internet to raise £250,000.
The company pitched the idea for the game on US crowdfunding site Kickstarter, which has been helping creative projects find backers for three years. What happened next was nothing short of phenomenal. Within only eight hours, thousands of backers had helped the developer raise the required amount for its game called Double Fine Adventure.......
To read the full article on the Metro website please click here.
