This website uses cookies to ensure you have the best experience. Learn more

Crowdfunding Essay

253 words - 2 pages

Crowdfunding is an alternative method of raising money to finance different kind of purposes. The concept of crowdfunding is to gather a large group of people(the crowd) who fund small amounts of money to eventually reach the total amount desirable for financing the purpose.
Crowdfunding is used by all kind of people and groups like entrepreneurs, charities, ...view middle of the document...

The purpose can be everything, just as long people are willing to invest into the idea.
The difference between crowdfunding and traditional fund raising is that crowdfunding needs to attract a large group of people who all donate or invest a (small) amount of money to eventually reach the total amount needed. A traditional finance is mostly done by attracting one or two organizations or businesses who invest the total amount of money needed, it can also be a loan from a bank or other financing institution. I think you can see crowdfunding as getting money from a bank where the bank as intermediate is ruled out. Normally a bank collects money from a lot of different people(their customers savings) and then they loan the money to others who need it. The bank in this role takes all the risk and chooses what to finance and what not. When the bank is ruled out you get crowdfunding

Other Papers Like Crowdfunding

Description Of A Failed Project Essay

963 words - 4 pages , A. (2016). Of slime moulds and smart slums–Kolkata informal settlements and the tale of a failed canal reclamation project. Environment and Urbanization, 0956247816647338. Mollick, E. (2014). The dynamics of crowdfunding: An exploratory study. Journal of business venturing, 29(1), 1-16.

Event Launch Essay

2547 words - 11 pages $ 300,00 Gift bags $ 3000,00 $ 3000,00 Total $ 10300,00 $ 11400,00 Contingencies $ 1030,00 Total Expenditure $ 11.330 $ 12540,00 Savings $ 2000,00 $ 1800,00 Ticket sales (10) $ 400,00 $ 400,00 Record label $ 5000,00 $ 5000,00 Crowdfunding $ 500,00 $ 350,00 Sponsorships $ 1000,00 $ 1000,00 Pre ticket sales $ 600,00 $ 700,00 Total income $ 9500,00

Don't Wait For Perfect Moment

1722 words - 7 pages independent investors. If you can’t secure a reliable revenue stream by the time that initial startup capital runs out, the business -- and all that money -- is in jeopardy of being lost for good. Disappointing investors is one thing, but losing your life savings is another. If personal investment loss is what’s keeping the would-be-entrepreneurs from moving forward, consider other means of funding. Use crowdfunding to collect small amounts

Singapore Fashion Industry

2142 words - 9 pages and crowdfunding * Jun 27 - Jun 28 Singapore Singapore's first UX conference UXSG connects UX professionals across disciplines and cultures View All Events The material on this site may not be reproduced, distributed, transmitted, cached or used otherwise, except as expressly permitted in writing by Triple Point Pte. Ltd. Copyright © 2005 - 2013 · All Rights Reserved · Revolution

Aantekeningen Marketing Hst 1

2328 words - 10 pages , personeel bezettingen en service Gretigheid * Er is genoeg geld * Ja meer dan ooit! * Er is koopbereidheid Behoeften (Maslow) * Need to have * Must have * Nice to have Opkomende prijsmechanismen * Crowdfunding * Prijsvariatie (biedingen veilingen) * Voorfinanciering * Relatie pricing Het creëren van waarden * Het vastellen van kantbehoefte Kennen van de wensenlijst van de klant

Freedom And Responsibility

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were

Hate Crime Laws

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages Rational Emotional Behavior Therapy Case Study of Sarah: A Conceptualization and Treatment Plan Rational emotive behavior therapy, REBT, was developed by Albert Ellis and holds the central belief that the events in our lives do not cause our disturbances but that they are instead caused by our view of the events (Murdock, 2009). Murdock (2009) states that “people are seen as responsible for their behavior” (p. 279) but, because they are

Holidays In Albania

1636 words - 7 pages Have you ever thought about having exciting and incredibly cheap vacations? Albania might be the right choice. According to My Travel Guide, Albania is ranked the fourth among ten places worth visiting in Eastern Europe (“Top 10 Eastern European Destinations”). One can encounter three kinds of vacations in this Mediterranean country: winter, summer, and cultural. The ideal places to spend your winter vacations are the Albanian Alps. They are

A Heart Of Darkness

1748 words - 7 pages In this short story, there are frequent significant subject and ideas that make the story, "A Heart of Darkness," by Joseph Conrad, and haunting novel. The main theme is absolute white power over the natives. The theme validates the corruption, and the dependence caused by the white people as they took over the Congo. White men were giving all the power; they had no self-control, and in the end they did not use wisely. The white men became

The Aspects Of Vulnerability Among The Exploited In Medical Research

2287 words - 10 pages Essentially, everyone is in some state of vulnerability. However, some of us are more susceptible to harm due to our vulnerabilities. The susceptible are the individuals with the greatest risk. These individuals risk the loss of their autonomy, and maybe even their lives. Vulnerable populations can be found in every subset of society. However, as previously mentioned, there are some vulnerable populations that are at an even greater risk than

Related Essays

Persuasive Memo Essay

516 words - 3 pages : 1. Industry Trends – From an industry perspective, the microfinance industry has faced some headwinds due to pressure from activists accusing institutional lenders of profiteering from the poor. In response to this negative perception, Startsmall’s innovative approach to build a crowdfunding platform provides a new avenue for lower income individuals with access to 1-3% interest. Results from more established players such as Kiva demonstrates

Peer To Peer Lending Uk Facts And Figures 2015

651 words - 3 pages * Deloitte * European Crowdfunding Network * European Securities and Markets Stakeholder Group * Foundation Capital * Fundable * International Organization of Securities Commissions * Massolution * TD Economics * World Bank European research * Deloitte * European Commission * European Crowdfunding Network UK research * Abundance Generation * Assetz Capital * Banking Commission- * Knowledge Peers * Madiston-LendLoanInvest

Crowdsourcing Essay

1747 words - 7 pages . Crowd Voting This is probably the most popular and widely executed format of crowdsourcing. The basic premise of this concept is to take the community’s help to filter, rank or stack content. This is used in TV reality shows like American Idol. The principle behind Google search is also crowdvoting. Its algorithms assess page ranking based on the number of links and page views.  Crowdfunding Crowdfunding bypasses the traditional venture

Small Business Start Up Checklist Essay

1053 words - 5 pages information on government, grants see: A list of State Development Agencies for small business grants The Catalog of Federal Domestic Assistance · Crowdfunding • Kickstarter • Venture Socially • Indiegogo • Growvc • Rocket Hub • >Profounder 6. Set up a Legal Business Entity *Decide on the Legal Structure of Your Business · Sole Proprietorship · Partnership · Limited Liability Company (LLC) · Corporation