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Founded by Rich Bendis

crowd

A rather recent entry into the world of procuring funds for business projects is crowdfunding. This is a means of gathering funds from a diverse group of investors using Internet technology.

The idea is broad based with some investors on crowdfunding sites getting rewards for investing money while others become investors with a stake in the business. As a result, some of these sites are, like PBS, seeking support from generous people with a passion for a type of business or short-term project or for a cause behind that business or project.