Techcrunch article on Trampoline crowdfunding

Posted on August 12th, 2009 by Charles Armstrong

Yesterday night, as the Perseid meteorites streaked through Earth’s atmosphere, Techcrunch.com published a provocative article on Trampoline’s decision to “jump the VC ship” and raise finance via crowdfunding. Techcrunch has established itself as the journal of record for tech startups and the venture capital industry so this was bound to create a bit of a stir.

In the immediate aftermath of the Techcrunch article Trampoline’s crowdfunding website was visited by 1,500 people from 70 countries around the world and 200 people posted messages to their networks via Twitter. Many of the comments came from entrepreneurs applauding the example Trampoline is providing of an alternative to VC.

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About

Crowdfunding

Crowdfunding is an alternative approach to raising finance. It’s been developed over the last decade, principally in the film and music industries. Unlike traditional models which rely on large contributions one or two institutions crowdfunding is based on raising small sums from many number of people, who are typically linked by social networks or shared interests.

Find out more about Crowdfunding

Trampoline Systems

Trampoline Systems is an award-winning software business based in London (UK). The company is attracting attention from around the world for its SONAR social analytic technology and its vision of how corporations must evolve.