Crowdfunding is a strategy for raising capital that has quickly gained popularity for startups and investors. Rather than trying to attract a few wealthy venture capitalists, startups attract many investors that contribute small amounts of money to fund the startup. The recent Jumpstart Our Business Startups Act, commonly referred to as the JOBS Act, was passed by President Obama on April 5, 2012; it loosened restrictions for startups to raise capital and created new provisions to protect investors investing in startups.
More capital than ever is gravitating toward crowdfunding sites. According to research compiled by Crowdsourcing.org in 2011, roughly $1.4 million were raised through crowdfunding platforms (CFDs) and that number is expected to almost double in 2012. As a result of the massive increase of money flooding in, the number of CFDs is also expected to spike about 60% in 2012 to approximately 530 platforms. Let's take a look at look some of the current top crowdfunding platforms.
To read the full, original article click on this link: 3 Top Crowdfunding Platforms - SFGate
