Mechanics of Crowdfunding
Carlos Payumo Garcia, CLSSBB
WFIS Wealth Management Expert of the Year 2024 | Six Sigma Black Belt | GCash | Treasury Transformation | Governance & Projects Head | Capital Markets
Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business venture. Crowdfunding makes use of the easy accessibility of vast networks of people through?social media?and crowdfunding websites to bring investors and entrepreneurs together, with the potential to increase entrepreneurship by expanding the pool of investors beyond the traditional circle of owners, relatives, and?venture capitalists. -Investopedia