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Prof. Anindya Ghose on how Facebook's purchase of Oculus impacts crowdfunding

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Excerpt from TIME -- “'In the future, donors will be a lot more circumspect and skeptical about putting in money, especially in projects where they could have even an inkling of an idea that this might be bought out by a tech giant like Google, Facebook, or Apple,' says Anindya Ghose, a professor at New York University who studies the crowdfunding sector. 'They do not believe in backing projects for financial, commercial reasons. For them it’s a lot about a cause or altruism.'”

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Additional coverage appeared on Bloomberg and Bloomberg Businessweek.