Whether you are outsourcing work or raising funds, crowdsourcing is an increasingly attractive option. Learn more here.
For many entrepreneurs, outsourcing work through online open networks, or crowdsourcing, is an increasingly attractive option to save time and money. These resources can help you make informed decisions about the best options for you and your startup.
A form of crowdsourcing, crowdfunding uses online platforms to reach potential supporters and customers. It raises funds for projects or businesses through donation, incentivized gifts or rewards, micro-lending, or equity-based financing. This collection of resources helps startups learn the ins and outs of crowdfunding.
Crowdfunding campaigns as a means for startup funding have emerged as a potential alternative to angel and venture capital (VC) investments. For this reason, crowdfunding campaigns have become a significant startup funding mechanism.
Many startups have come to consider crowdfunding as the solution to their fundraising woes. Despite inherent risks, startups often choose to leverage a pre-sales or donation-based crowdfunding campaign model. This article explains six common and serious crowdfunding risks.