Social Media Aids Entrepreneurs’ Capital Quest

January 27, 2013

No bank or record label helped singer-songwriter Wesley Cook fund his third studio album, but a Chuck Norris meme – and the generosity of 171 fans – did.

Angel Poventud used his connections as a community activist and a slick video on a crowd-sourced funding website to help bridge a gap in financing for a house renovation. He hopes to convert a former vacant house into his new home in a southwest Atlanta neighborhood that’s putting the worst of the housing crisis behind it.

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