CROWDFUNDING TAKES OFF
What types of projects and companies might be able to most successfully use crowdfunding ?
The applications for crowdfunding are diverse, from art installations, to movies, to political action projects, to inventions.
Crowdfunding sites might be your best shot. Sites such as Kickstarter, Indiegogo, RocketHub, and Crowdrise
The Internet is the ideal medium for crowdfunding because it allows individuals and organizations in need of funds and investors to reach one another from all over the globe.
Are there any negative aspects to crowdfunding ?
some worry that the lack of privacy involved with donating to crowdfunding sites has a negative effect on the process. In the art world, many artists are concerned that they will make enemies within their industry if they ignore requests for crowdfunding donations, not to mention the possibility of the focus on fundraising corrupting the artistic process.
What obstacles are presented in the use of crowdfunding as a method to fund start-ups?
valuations become accurate and investing in startups becomes more orderly. SoMoLend is another niche company, focused on debt lending for small business. CircleUp is focused on consumer products. AlumniFinder is aimed at bringing alumni together to back college entrepreneurs.