crowdfunding
(noun)
funding by many individuals pooling their money together for a common goal, usually via the Internet
Examples of crowdfunding in the following topics:
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Crowdfunding: Kickstarter, etc
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Current Issues in Finance
- Such efforts include crowdfunding , a term describing the collective effort of individuals who network and pool their resources to support charities initiated by other people or organizations.
- The rules for crowdfunding are still being developed, and the Securities Exchange Commission has yet to set rules in place for equity crowdfunding campaigns involving unaccredited investors for private companies.
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Types of Corporate Involvement
- A widely-used project can sometimes get significant contributions, from both individuals and organizations, just by soliciting donations, or by doing an organized crowdfunding campaign (e.g., via Bountysource, IndieGoGo, Kickstarter, etc).
- (Aaron Wolf's Snowdrift.coop is a recent and interesting new approach to crowdfunding for libre projects.
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Family and Friends
- However, person-to-person lending is for the most part a for-profit activity, which distinguishes it from person-to-person charities, person-to-person philanthropy, and crowdfunding.
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Introduction to This "Textbook" (for Instructors and Scholars)
- As this book grew out of a crowdfunding effort, we are proud to acknowledge those who contributed financially to the writing, editing, and designing of this book.