Saturday, April 7, 2012

Understanding the Future of Crowd Funding

Crowd Funding describes the collective cooperation of people who network and pool their money and other resources together, usually using mostly the internet to support efforts or ideas initiated by other people or organizations. How will this idea change how business is funded? Typical business efforts focus on a heavy initial investment from original owners and heavily involved investors. This new concept gets ordinary people involved earlier than the public markets. The idea is to get support for an idea from the public originally than from big money investors. It is considered a more "organic" business building concept.

Other articles to examine: http://techcrunch.com/2012/03/16/crowdfundingstartups/

No comments:

Post a Comment