Many of us are beginning to hear about new “crowdfunding” platforms like Kickstarter and Indiegogo. But what is crowdfunding, anyway? As we’ll describe in this webinar, crowdfunding is the use of the Internet to raise capital by way of small donations, lending, rewards, or investments from a large number of investors. Since the inception of the crowdfunding model, billions of dollars have flowed into new ventures—representing what many have noted to be a “global phenenomon,” a “boom,” and a “revolution.” Though it remains difficult to accurately predict the long term implications of crowdfunding, it is likely to become a permanent fixture in the entrepreneurial landscape.
To read the original article: Crowdfunding Means for the Future of Entrepreneurship | Babson College