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Crowdfunding is still a rather new concept to many businesses. The concept is to raise a little bit of money from a large crowd to fund your next project. On most platforms when the financial goal isn’t met, the company will lose the money raised. It’s important to know how crowdfunding works before diving in so that you can crowdfund successfully.

Check out these four misconceptions about crowdfunding.

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To read the original article: Crowdfunding Tips: 4 Misconceptions about Crowdfunding