What is crowdfunding and how does it work?
What is crowdfunding? Like many others, crowdfunding is a funding/investment tool used by many people around the world. Nowadays, it has become very popular among startup founders. When starting a project, it is difficult to obtain external financing, and crowdfunding is a good solution to that problem. Early stages are always the most difficult ones regarding the economic situation of the business, but you can learn about how to raise funding for your startup by reading our article.
Going back to crowdfunding, it is very likely that the term sounds familiar to you, but what exactly is it about? Crowdfunding platforms allow people from all over the world to contribute their money to all those projects they have found interesting. You could say that these small investors are like micro-sponsors.
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