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Crowdfunding is a term that has hit the mainstream, with sites such as Kickstarter and Indiegogo becoming well-known for offering rewards, such as free merchandise, for providing financial backing. Adding to the mix are sites like AngelList that allow investors to connect with startups and take equity stakes.

In a Spreecast about the landscape of early-stage venture capital fundraising, early-stage investors Jeff Clavier, of SoftTechVC, and Manu Kumar, of K9 Ventures, weighed in on how crowdfunding fits into the larger venture-capital landscape.

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To read the original article: Where Do Crowdfunding Platforms Fit in Venture Capital? - Wall Street Journal - WSJ.com