Mar 1, 2011
John Ferber talks ‘crowdfunding’
If you’ve been wondering what Advertising.com co-founder John Ferber has been up to down in Florida, the South Florida Sun-Sentinel has Web video featuring one of Ferber’s projects, Microgiving.com.
Ferber describes it as a “crowdfunding platform” that enables anyone to raise money via the Web. The Milagro Center, a Delray Beach, Fla., education center for at-risk youth, is using the platform to raise money for programs.
“In the last few years the concept has really exploded and taken off,” Ferber says of crowdfunding in the video, which you can see by clicking here.
The online marketing wunderkind and his brother, Scott Ferber, sold Advertising.com to AOL in 2004 for $435 million in cash.
Microgiving.com is one of a number of Web ventures Ferber — now a Palm Beach County resident — has launched under the Vandelay Industries corporate umbrella (check your “Seinfeld” trivia for more on the name).
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Thanks for the shout out Rob!
Robert, Speaking of crowd-funding have you seen Columbia blogger/Hoco Rising’s challenge and use of CrowdRise to support Grassroots Crisis Intervention Center. http://www.hocorising.com/2011/03/three-days-1175-from-30-donors.html Tom is quite something, if you’ve yet to meet him. He also just listed himself as the sole candidate for CA’s board position / Columbia Council Rep for Dorsey’s Search Village.
[...] Advertising.com was acquired in 2004 for $435 million in cash; Ferber pocketed about $72 million in the deal. He has several Internet ventures percolating from his Florida base, including Microgiving.com, which we blogged about a couple of weeks ago. [...]