I was chatting with a startup that recently raised £1m crowdfunding as their second round. They were really happy with their choice and not having VC strings attached. I think an undervalued aspect of this is how powerful crowdfunding can be in creating a few thousand early product evangelists (who have vested interest in the company).

And I think TheDAO - though it was too early /fragile, had a half-baked voting model and got too big too fast - was onto something. I think cryptocurrency based equity/ dividends and decentralised, crowdfunded companies will definitely happen at some point in the future.