Crowdfunding as a Business

If you are an entrepreneur trying to kick off your new business idea, or you had an already existing business and required funds for a projects or just to improve upon the business, there were only about three options available to you; taking on debt from a loan, funds from friends and family, including investors (angel and venture capital), and an option termed ‘bootstrapping’ where you buckle down and save up every last penny you can spare to raise the necessary funds by yourself.

But by the end of the 2000s, another option became available. This option is crowdfunding…