IS CROWD-FUNDING A ROUTE TO 'PEOPLE' S CAPITALISM'?

摘要

The US 'business angel' early-stage investment market is cited as a fundamental building block in the country's knowledge economy. It's certainly more efficient and less mouthy than TV's 'Dragon's Den'.More to the point, British innovators have good cause to bemoan their comparative lack of seed capital.There are reckoned to be about 250,000 active angels in the US and just 6,000 in the UK.Last month, the House of Representatives passed an Act that could expand the US pool further, potentially massively. It could also offer some pointers to UK Chancellor George Osborne on fostering innovation even amid austerity.