Lost in the euphoria of the passage of the JOBS act, is the question of who will actually be raising crowdfunded capital. Between VCs, angels, super-angels, a glut of incubators, bank loans, friends/family, and credit card debt, it seems that only the least investment worthy startups would resort to crowdfunding.
Few topics unite the denizens of technology like attacking big media. With righteous indignation, we accuse them of greed, fault them for failing to adapt, make concerted efforts to bring about their demise, and blame them for trying to break the internet -- all while we share their files and scrape their content.
In 1957, Gordon Moore and the “Traitorous Eight” formed Fairchild Semiconductor and created the basis of what would become Silicon Valley. But despite the undisputed importance of the microchip, Fairchild’s biggest contribution might have more to do with how the company was started than what it produced.