Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.
Crowdfunding options include:
U.S. Businesses raise 1.04 Billion through Crowdfunding in 2018
Crowdlending, also known as debt crowdfunding, crowdfunding of loans or P2B and P2P lending; is the practice of lending money to individuals or businesses through online services. Crowdlending allows companies to finance themselves through a large group of people "crowd" without having to go to the bank. In Crowdlending people lend money to a company, or other people in exchange for a financial return stipulated in a loan agreement.
Real Estate Crowdfunding is a relatively new method, which utilizes crowdfunding to raise capital for real estate investments. It is carried out by buying real estate jointly with other investors. With Real Estate Crowdfunding you are able to invest in a wide variety of properties without having to deal with mortgage brokers, real estate agents or contractors.
Elevator pitch is a slang term used to describe a brief speech that outlines an idea, product or company. The speech should be delivered in the short time period of an elevator ride, usually 20-60 seconds.
In the financial world, the speech refers to an entrepreneur's attempt to convince an investor or venture capitalist, that a business idea is worth investing in.
In Product Crowdfunding you pay in advance for the GOOD or SERVICE. Crowdfunding is the act of raising capital through the crowd through the (pre-)sale of a product, donations, or perks, and Equity Crowdfunding is the act of raising capital through the crowd through the sale of securities.
ART & CULTURE:
Amanda Palmer & The Grand Theft Orchestra: Raised $1,192,793 for her album.
Pebble Weareable Devices. Watch: First ever $10M Kickstarter Campaign
Oculus Virtual Reality Handset. Bought by Facebook.