It was great to share experiences in my old stomping ground. One lesson I’ll be immediately taking home with me, thanks to an inspiring presentation by SonicAngel’s Bart Becks, is the growing importance of crowd funding for financing innovation. Legislation protecting consumers from parting with their cash is still murky, and operators seem to be working in a grey legal limbo. But the success of Kickstarter and similar ventures combined by the difficulties for European entrepreneurs of raising cash means this is an area to watch.
The event coincided with the publication of Wired for Growth and Innovation: How Digital Technologies are Reshaping Small- and Medium-Sized Businesses and Empowering Entrepreneurs, by Anthony D. Williams and Ann Mettler Wired.