Entrepreneurs find the American TV program Shark Tank very popular, yet many will never face the scrutiny of Barbara Cochran, Daymond John, or Mark Cuban. Instead, they’ll face a larger and potentially tougher audience – the general public who support crowdsourcing new ventures.
Moreover, crowdsourcing can be fraught with problems when milestones are not completed. In fact, the Washington State Attorney General recently filed a consumer protection lawsuit on a crowdfunding scam, the first such filing on a crowdfunding campaign in the United States.
To read the original article: "Cash From The Crowd" Could Float Your New Venture