Jim welcomes entrepreneur Ash Kumra of DreamItAlive.com. Ash discusses the dramatic effect of social media in business and particularly in recent IPO’s such as Facebook and LinkedIn. Ash and Jim also discuss “crowd funding”, and how it can be beneficial at every stage for young up-and-coming companies. He also notes how crowd funding is becoming much more common as a funding source for specific niche-business start-ups. As to the influence of social media in business, Ash believes it’s clearly here to stay, and is more of an enabling technology than a disruptive one.
Source/Date: Financial Sense News Radio/July 30th