When Twitter’s lead venture capitalist Fred Wilson warned VCs last week that crowdfunding  posed a threat to his industry’s future, he probably didn’t know about START.ac, which went live last night. The newest crowdfund is focused squarely on the world’s tech startups and it seems to be the sort of service that could disrupt traditional early phase investors.

START.ac  just might evolve into venture capital for the rest of us.

Until now, crowdfunds have served either causes or artistic endeavors. Last year, more than a million projects were funded and people who put in as little as $5 were motivated by philanthropic urges rather than any desire to see a business dream become a reality.

To read the full, original article click on this link: START.ac launches 1st Crowdfund for Tech Startups - Forbes