The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 28, 2017
Filed:
Jan. 29, 2014
Square, Inc., San Francisco, CA (US);
Zach Brock, San Francisco, CA (US);
SQUARE, INC., San Francisco, CA (US);
Abstract
A computing device receives a request to establish a crowdfunding project for a business, the request describing an amount of funding being requested by the business, and terms and conditions for owning shares in the business. The computing device generates a crowdfunding interface for the crowdfunding project, the interface including the amount of funding being requested, the terms and conditions for owning shares in the business, a share price, and an option for purchasing shares. The computing device receives, from investors and through the crowdfunding interface, requests to purchase a specified number of shares in the business. The computing device allocates, to each investor, the respective number of shares purchased. The computing device determines that the amount of funding being requested by the business has been satisfied. The computing device determines that the business is able to pay dividends. The computing device provides a respective dividend payment to each investor.