I found this article particularly interesting but I might be bias since I ran a successful Kickstarter campaign to raise over $10,000 for the Peach Twins Children’s Book. We will also have to continue to watch to see what the SEC does to see if crowd sourcing for company stock sale and creation become a reality as well.
“Crowdfunding promises to democratize funding of startups. But is that necessarily a good thing? Entrepreneurial finance experts Josh Lerner, Ramana Nanda, and Michael J. Roberts discuss the promises and problems with this method of funding small businesses in this article”
For more information check out: http://www.forbes.com/sites/hbsworkingknowledge/2013/07/01/the-problems-and-promises-of-crowdfunding/
- The Problems and Promises of Crowdfunding (forbes.com)