Most startups are limited in the ways they can raise funds. Without having to wait for friends and family, angel investors or venture capitalists, a number of startups have turned to crowdfunding as a viable means of raising capital.
Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business venture or startup. Crowdfunding makes use of the easy access to vast networks of people through social media and crowdfunding websites to bring investors and entrepreneurs together. Besides raising funds, crowdfunding ventures have also proved to be a valuable way to gather public opinion and create publicity for a startup or its product.
https://nairametrics.com/2020/05/05/crowdfunding-who-is-qualified-according-to-new-sec-guidelines/
Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business venture or startup. Crowdfunding makes use of the easy access to vast networks of people through social media and crowdfunding websites to bring investors and entrepreneurs together. Besides raising funds, crowdfunding ventures have also proved to be a valuable way to gather public opinion and create publicity for a startup or its product.
https://nairametrics.com/2020/05/05/crowdfunding-who-is-qualified-according-to-new-sec-guidelines/