Crowdfunding gathers another adherent in Fund St. Louis. This nonprofit allows individuals to donate to worthy startups. All the donors get is warmth and fuzz, but perhaps a lot of it :). There are now a dizzying array of crowdfunding websites, exploring a diverse range of business models. I am hopeful this trend will lead to new, more efficient means for worthy startups to be found and funded.
Full story at: http://www.stltoday.com/business/columns/david-nicklaus/article_e1246124-abdc-11e0-a238-001a4bcf6878.html
Paul G. Silva 