Other Crowdfunding Sites

In summary, equity crowdfunding ushers in a fresh and enhanced way to aid entrepreneurs and investors achieve their objectives. The challenge is weighing the influence and dynamics of crowdfunding, evolving market trends, dormant regulatory and ethical concerns, stakeholder considerations, and accomplishing the goals of both parties while balancing integrity and tenets. Investors and entrepreneur believe crowdfunding is an exemplary method of raising capital. It represents an opportunity to increase revenue, cultivate an entrepreneurial ecosystem, enter an emerging industry, and create jobs. Vigilance and education play a significant role if equity crowdfunding is to remain sustainable for many years to

Crowdfunding is an emerging and progressive online platform that offers small organizations and startups with possibilities to growth their social media presence, funding base, and investment prospects. Crowdfunding, a popular idea commenced inside the US and the UK, is an rising way of raising capital, involves using internet or social networking websites along with facebook or LinkedIn or Twitter or maybe a few committed web sites. So, in case you want to raise budget, what you're required to do is create an internet profile and provide an explanation for your mission and fund-raising goals and share the identical with public at large, inclusive of your peers, relatives, buddies of friends, and so forth. Crowdfunding is the system of one

Whilst some might say that Kickstarter is little more than an unnecessary middle-man, many others have argued that it has revolutionised the way in which the creative industry interacts with its fans by effectively bridging the gap between creator and consumer. Though the jury is still out on the validity of this argument, it can't be denied that certain projects would have never seen the light of day without it, with everything from movie projects to TV series and major electronic products being funded through the site, which only launched in 2009, but has already risen through the Alexa ranks to 374, and has earned its place in popular culture.

According to its web site, www.nonprofitfinancefund.org, the company reflects its mission statement on its “About us” pages. It says that the company helps non-profit organizations with loans to finish projects that will benefit the community nationwide.

First, the question of how else can the internet be used to raise money besides the “Million Dollar Homepage” and the “One Red Paperclip” is pondered. One of the first examples that this author thought of was the “Go Fund Me” pages that some folks have used to raise capital in a similar manner to the crafty student with the Million Dollar Homepage. The “Go Fund Me” system allows individuals to post personal fundraising campaigns online. Pertinent information to the cause or the reason for the fundraiser, how much money is needed, and the time period of the needed funds are all important when establishing a fund raising campaign. With the 2014 United States population survey at 318.9 million (2014), just a dollar, or even a penny per person

The advantage of venture capital is that it provides money to help your business set up and establish itself.

Through the thousands of projects that are being funded though Kickstarter, they have really made their mark in the crowdfunding scene. Each of these projects is unique in itself. Talented people like musicians, filmmakers, artists and designers use Kickstarter for their projects.

Mollick and Nanda (2015) discovered that people in general are more likely than professionals to fund projects that offer multiple levels of rewards, contribute updates, and display pictures and video. People in general and professionals are influenced to fund entrepreneurial projects in different ways. “Our second finding is that despite the broad congruence in evaluation, we see a systematic pattern in terms of the disagreement. Of the projects where there is no agreement, the crowd is much more likely to have funded a project that the judge did not like than the reverse. Approximately 75% of the projects where there is a disagreement are ones where the crowd funded a project but the expert would not have funded it. We also see a clear pattern in terms of the characteristics of projects that are liked

“Kickstarter is changing how millions of people around the world connect with dance, design, fashion, film, video, food, games, journalism, music, photography, publishing, technology, theatre, art, comics, and crafts.” Kickstarter, is unlike any other breeding ground for funding and showing the world the many projects that can be born through unique minds. Launching in 2009, they have nearly help fully fund over 77,000 projects, projects that wouldn’t have happened without support loving support from over 7.7 million backers. Unfortunately, there are some downfalls. Nearly 200,727 have been created on this website and less than half have been made from a dream, into a reality. There is no universal way of getting everyone to like your

Crowdfunding can be used for anything from start-up businesses, research funding, citizen journalism, independent creative projects, and non-profit fundraising, to individual medical expenses, student loans debt and even financing personal luxuries. In this review I use the term “cause” to refer to

Money is great, but sometimes how you receive it is more important for the livelihood of your business. Getting the financial resources for your business is extremely important for its long term success, but the having the relationships with other intelligent people can help the entrepreneur more clearly understand what to do with the investment. Venture capital and angel investments are often not properly allocated even with guidance. Crowd funding makes this problem even worse.

Crowd funding goes beyond online community participation and adopts a proactive role to the crowd who act as customers as well investors in both supporting and providing financial assistance for the projects (Ordanini, A. Miceli, L. Pizzetti, M. Parasuraman, A (2011), Journal Of Service Management, Vol: 22 Iss:4, pp.443 – 470). One of the world’s largest crowdfunding platforms for creative projects is kickstarter. Three of the movie projects funded by crowd investors in Kickstarter were nominated for Oscars 2013, and one of them won the Oscar Award in the short documentary category(Inferring the Impatcs of Social Media on Crowdfunding, Chun-Ta Lu, Sihong Xie, Xiangnan Kong, and Philip S. Yu,2014).

Crowdfunding is one way that businesses can seek money to startup their businesses, finance a new product, or expand their operations. Crowdfunding raises funds or capital by using online and social media networks to get a large number of people to contribute money towards a project in exchange for a good, service or equity. Generally money is raised through a fundraising website such as kickstarter. Another way to describe the meaning of crowdfunding is by the use of small amounts of capital from a large number of individuals to

There are many problems that plague the current state of media production. One of main problems for consumers is the increasing corporatization of media. Large production companies placing strict deadlines on developers and forcing them to produce incomplete or broken products. Furthermore, succeeding as an independent producer is becoming more and more difficult. Developers no longer have the tools to compete with big producers who have millions to spend on advertising. As such, devoting time towards a project as an independent developer is risky as success in this area is few and far between. It is for these reasons that crowdfunding seems like such a great concept. Now popular sites such as Kickstarter or Indiegogo can showcase games

Crowdfunding creates funds for new projects by using internet and social media. This can benefit small business projects to obtain their required funds. A project receives small investments from wide range of individuals through web advertising and social media. The individuals (investors) who have invested in the project may receive incentives such as discounts on the products, early opportunity to purchase their products, inclusion of their name in the list of contributing founders etc., so, they are not purchasing the share of the company. Crowdfunding avoids going to the banks, friends and family to get funds. It also avoids giving up partial ownership of their company. The websites like www.rockethub.com, www.peerfunding.com,