Has crowdfunding’s lustre already worn off?
There’s no doubt that crowdfunding has blown up. In 2009, crowdfunded projects raised $530 million worldwide; in 2012, research firm Massolution projects that they will raise $2.8 billion.
But as more people get in on this trend both on the project creation side and on the investing side, more problems are cropping up, demonstrating the pitfalls of crowdfunding both as a way to seek investment and as a way to invest.
To read the full, original article click on this link: Why crowdfunding can be a terrible investment | SmartPlanet
