Ultimate Guide to Crowdfunding Part 1: What is Crowdfunding and Why Do It? [intelligenthq.com]

Crowdfunding is a relatively new approach to raising money for a project, new business or cause online via specific websites that have been set up for this process. Specifically it involves you finding a crowd to help you fund your project. This means that many people invest small amounts in your idea, and if you hit your target then you could have hundreds of investors that help you to get there. The concept has proved to be very compelling and millions has been raised through a plethora of crowdfunding websites to date, leading crowdfunding to achieve phenomenal success so far. Looking at the figures, Alvaris Falcon of HongKiat.com reported that during 2012, there were more than one million crowdfunding campaigns and that the total amount raised worldwide was $2.7 billion. The UK makes up a sizeable proportion of this, and according to Rachel Bridge of The Telegraph:

“In the first three months of 2014 crowdfunding raised £9 million in the UK”

via Ultimate Guide to Crowdfunding Part 1: What is Crowdfunding and Why Do It?.

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About plerudulier

Primarily interested in interacting and engaging with people about issues related to profession but also charity, environment, ... you get the idea.

2 responses to “Ultimate Guide to Crowdfunding Part 1: What is Crowdfunding and Why Do It? [intelligenthq.com]”

  1. King says :

    I hardly create responses, however after reading a few of the comments on Ultimate Guide to Crowdfunding Part 1: What is Crowdfunding and Why Do It? [intelligenthq.com] | Things I grab, motley collection. I actually do have a couple of questions for you if it’s allright. Is it simply me or do a few of these remarks come across like they are written by brain dead visitors? 😛 And, if you are writing at other social sites, I’d like to keep up with anything new you have to post. Would you make a list of all of your social community sites like your linkedin profile, Facebook page or twitter feed?

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