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Start-ups Fund Wall St. Protest

They're protesting big banks and corporations, so which start-ups are Occupy Wall Street looking to for collecting donations and financing a new media endeavor?
The Occupy Wall Street protesters who have been camping out in Lower Manhattan's Zuccotti Park since September 17 may be rallying against big-bank policies, but they've simultaneously needed an efficient method to fund their own efforts. To that end, they've turned away from large companies, instead working with start-ups in the online-payment and crowdfunding space.

The primary method employed by the protesters to collect donations has been through an account with WePay, an online payment-collection service start-up. Based in Palo Alto, California, WePay was founded in 2008 by Rich Aberman, a dissatisfied law student, and Bill Clerico, a disgruntled investment banker. The company's site bills itself as "taking the pain out of p

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Added: Oct-11-2011 
By: Tongueboy
In:
Other News, Politics
Tags: OWS, funding
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