Hopeful parents to be are turning to crowdfunding sites to raise thousands of dollars from friends, family and even complete strangers.
Dr. C. Terence Lee, a fertility specialist based in Brea, Calif., flashes a photo of a beaming infant across a projection screen and announces: "This baby was bought with bitcoins."
Sarah Dvorak was desperate. The former retail executive had depleted her savings accounts, borrowed from family members, and secured a microloan from a local development group to launch Mission Cheese, a San Francisco café that would specialize in domestic products like Minnesota-made Camembert and a silky sheep's-milk cheese from Northern California. But three weeks before opening day last spring, she still didn't have refrigerated cases to store and display her fare. Despite having cobbled together $225,000 to start her business, she had come up $12,000 short. So she turned to Indiegogo, a San Francisco-based site that allowed her to appeal directly to the public for money. "Within one month, I had the funding I needed," Dvorak says. "I was in tears."
89-year old Pearl Malkin launches a business making her own line of decorated "Happy Canes" and uses Kickstarter to raise $3,500.
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Utah State professor Michael Glauser cycled 4,000 miles this summer, visiting 100 entrepreneurs across the country. Here's a snapshot of how they grew their businesses.
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A penthouse apartment in Monaco is expected to sell for $400 million.
The financial world is a notorious pressure cooker. See how bankers and traders chill out.