The $40,000 T-Shirt: Oculus Rift and Ownership in Crowdfunding - TopicsExpress

The $40,000 T-Shirt: Oculus Rift and Ownership in Crowdfunding ift.tt/1fny2DB Kickstarter backers experienced a rude awakening when Oculus Rift was acquired by Facebook. Monetary pledges, developer time and emotional investments in the virtual reality startup offer no legal recourse and no payoff for a company that is acquired for $2 billion. Only people with equity stakes — private stock — in the company enjoy the windfall. See also: What Is Oculus Rift — and Why Should You Care? It was just a matter of time until one of Kickstarters projects blossomed into what investors call a unicorn, and began to beg the question — should companies using crowdfunding to launch a business also offer some stake in the company? Read more... More about Crowdfunding, Kickstarter, Business, Startups, and Oculus Rift

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