For many young businesses and startups, crowdfunding platforms like Kickstarter and Indiegogo are now the go-to source for seed capital. So much so that, by the end of 2016, this innovative financing method is expected to contribute more business funding than venture capitals (VCs).
Given the ever-increasing popularity of the system, getting backers’ attention is no easy task and barely 40% of all campaigns succeed. My latest study was designed to see whether those that do would consider embarking on the crowdfunding campaign trail again, or if once was enough for any sane entrepreneur.
Image: https://www.startupgrind.com
