The #8 Step Crowdfunding Beginners Guide
Crowdfunding is basically organizing the funds for a new venture or a
start-up enterprise by arranging for small funding from a number of
individuals or organizations. This is quite similar to an enterprise
raising capital through issue of equity shares available to the public.
In fact, crowdfunding could be helpful to accumulate the necessary funds
in case of emergency situations as well as for political campaigns.
Crowdfunding has been recognized in recent times; however it’s application dates back to the late 19th century where in 1884,
New York arranged for required capital and funds through newspaper
advertisements from residents to for completion of the pedestal for the
Statue of Liberty. With the passage of time and growth and development,
crowdfunding is a more established concept and it is done through other
means like internet and other technology.