Thursday, May 10, 2012

The asymmetric crowd -- the power of the many comes from the few

I recently gave a webinar for the National Council of Entrepreneurial Tech Transfer (NCET2).  The video & slides are now available here.  A summary from the webinar is below.

Across every dimension (e.g. fraud prevention, diligence, deal scouting), the power of the crowd comes from curation in many forms. Crowdfunding shares this with other mass scale mechanisms, such as open source, or social networking sites like eBay or Yelp. We will discuss why the prying eyes of just the right few, connected to the masses, creates rocket fuel for community funding and will outperform the ability of current closed-system capital formation mechanisms.

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