The notion of crowdfunding
by selling equity shares is great for startups, especially with venture capital firms financing more established, early-stage entities and small-business lending from banks harder to come by these days.
Building a targeted, engaged audience on social media and identifying the right influencers and outlets to pitch to, are at the core of every successful crowdfunding
marketplace GrowthFountain and credit union research firm Callahan & Associates, which announced a strategic partnership about a year ago, are vying for a big piece of that market via co-branded websites for credit unions that lead directly to a database of businesses looking for capital.
But, unlike allowing individuals to offer their furniture to the whole world, crowdfunding
is supposed to raise money fast, from those in the know, for businesses that bankers might not understand.
It's an historic change, but permanently allowing crowdfunding
will have broad implications across the U.
After some planning, Young and Edwards decided to make startup companies using crowdfunding
a major focus of their business.
was primarily rewardsbased, where investors would pay for products or experiences - or in some cases donate their money in good will, waving their right to any shares.
The report focuses on Internet crowdfunding
and Internet wealth management industries.
First, donation or reward crowdfunding
is essentially a new spin on an old concept.
Hope Leman, MLIS, an Oregon-based grant consultant, said to think of crowdfunding
The New York Times reported that "crowdfunding
powerhouse" Indiegogo had stepped into the personal crowdfunding
arena with its introduction of Indiegogo Life, which included medical fund-raising.
Applications for New Ordinary Shares in the Crowdfunding