This document discusses crowdfunding and its potential to help spur entrepreneurship and economic growth in Arizona. It begins with a brief overview of crowdfunding, noting that while starting companies is easier, growing them is more difficult. It then examines Arizona's current ranking of 46th for venture capital investment. The rest of the document considers how crowdfunding could help jumpstart entrepreneurship in Arizona if more focus is placed on building communities around entrepreneurs and their goals, in addition to funding their projects.

1. CROWDFUNDING
has arrived!
Propel Arizona – CJ Cornell @PropelArizona @cjcornell

2. Crowdfunding
•What is Crowdfunding? Fact vs Fiction.
•How does it work? & Why does it work?
•How can we use crowdfunding?
•Success & benefits: For entrepreneurs & communities
Beyond the headlines and hype:
How can crowdfunding help our economy?

3. CJ Cornell is ...

4. First, let’s talk about …
Entrepreneurship
&
Arizona

5. 1
#
AZ Entrepreneurship

6. 10
top
Places to do business …

7. 46th in the U.S.A.
venture capital, equity investing

8. We’re Great at
Starting up
(planting Seeds) **
** and just AWFUL at outcomes –
quality, scale, wealth & economic growth …

9. WE‟RE NOT THE ONLY
ONES …
** (fostering entrepreneurial success is hard)

13. Starting a company
is easier than ever …
… but growing a company is
harder & riskier than ever …

19. The Series-A Crunch

24. What is Crowdfunding ?

25. The safety of crowds
The passion of crowds
The wisdom of the crowds
Crowdfunding

28. Source: http://theyec.org/making-sense-of-the-jobs-act-and-crowdfunding-infographic/

29. • Source – http;//crowdfunder.com

33. 0
Equity (investment)
crowdfunding in US
cases

34. 2015
Equity crowdfunding practical in US

35. 0
FRAUD
cases

36. Rewards based,
“contribution”
crowdfunding
The Kickstarter model –
„donations‟

38. Kickstarter (2012)
2.2 million people pledged a total of
$319,786,629
(up 221% from 2011)
Backers pledged $606.76 per minute
People in 177 countries backed a project in 2012
(That's 90% of the countriesin the world)

58. days
Crowdfunding is measured in …

59. Entrepreneurship

60. Crowdfunding Arizona
Can it jumpstart entrepreneurship?

61. 1. Kickstarter “Fails”
Arizona does poorly …

62. 2. Members =/ Supporters
% of supporters is the key ….

63. 3. Entrepreneurship is Different
Products, Companies, Entrepreneurs
…

64. 4. The role of “Ecosystem”
Incubators, accelerators, mentors etc ..

65. 5. The power of Community
Shared Goals, Passions, Outcomes …

66. Shared Goals, Passions, Outcomes …

67. Crowdfunding for Entrepreneurship & Economic Growth
Shared Goals, Passions, Outcomes …

69. People as Important as Projects …
Organizations & Affiliations …

70. Entrepreneurs success as much as funding …

71. $15k - $100k *(Average $50k) ….

72. Crowdfunding for Entrepreneurship & Economic Growth