Many new entrepreneurs turn to crowdfunding as a way to raise money for their businesses. And to be sure, crowdfunding has revolutionized the entrepreneurial landscape; amateur innovators can, with the right idea, earn enough money to begin production without worrying about getting a business loan or partnering with a VC firm.
But despite its benefits, crowdfunding is not a perfect solution — and before you get too excited about using it, you should be aware of its downsides, contingencies and alternatives.
