Teen, inspired by SoftBank's Son, builds a startup

Oct 14, 2014

Teen, inspired by SoftBank's Son, builds a startup

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Yoichiro Mikami wanted to be the next Masayoshi Son, Japan’s second-richest man, so he dropped out of high school at 16 this year. Now he’s devoting all his time to Gnex Ltd., a crowdfunding firm backed by six sponsors, including Son’s Yahoo Japan Inc. ...

U.S. scientists turn to public to help fund research

Jul 10, 2014

U.S. scientists turn to public to help fund research

Duke University professor Kathleen Pryer has received her share of grant money. But for her newest project, she’s getting help from a retired nurse in Canada and a 17-year-old in Arkansas. It’s her first foray into the modern-day world of crowdfunding, the practice of ...

Legislators turning to Internet for funds

Jun 24, 2014

Legislators turning to Internet for funds

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Younger lawmakers are increasingly turning to crowdfunding as a way of raising money to finance their political activities. Ryota Kimura, a 30-year-old member of the Hirakata Municipal Assembly in Osaka Prefecture, recently asked for ¥100,000 on an online crowdfunding site to cover some of ...

| May 24, 2014

Crowdfunding

Crowdfunding is defined as "the practice of soliciting financial contributions from a large number of people, especially from the online community."

May 23, 2014

Law enacted to promote 'crowdfunding' for startups

The House of Councilors on Friday enacted a law to promote “crowdfunding” in Japan so startup companies can more easily sell unlisted shares over the Internet to raise funds. The bill revises the Financial Instruments and Exchange Law to lower the minimum capital amount ...