The Internet scion also suggests that the innovations leading this revolution would most likely be launched outside of the hallowed office buildings of Silicon Valley, Boston, and New York. In starting Revolution Ventures, Case set out to find disruptive technologies in America’s heartland often ignored by typical venture investors.
Campaign supporters fork over millions of dollars on rewards-based crowdfunding sites in exchange for goodwill, a trivial reward like a T-shirt or, some say, nothing more than an empty promise. The crowdfunding sector grew to $2.7 billion in 2012—financing more than 1 million campaigns globally, according to an annual report on crowdfunding from Massolution. That […]