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Crowd funding – easy capital or legal nightmare?

Crowd funding has come a long way from its origins backing struggling rock bands. It has proven to be a highly successful vehicle to raise funds for disaster relief, philanthropic activities, supporting bloggers and website operators, political campaigns,software development, and scientific research. The next frontier is capital for start up companies.

Drink and post responsibly. Oh, and stop panicking about the Facebook ruling.

For those who don’t know (which is pretty much everyone), the Australian Advertising Standards Bureau (AASB) recently made a ruling regarding user-generated content on social media, after it was discovered that the Facebook page for Victoria Bitter beer featured “sexism, racism, irresponsible drinking, obscene language and material that linked alcohol consumption with sexual or social prowess”. Apparently swearing at the TV and asking girls to “show some skin” is ok when you’re drinking VB, but not if you’re posting about VB, obviously.
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