I’ve been interested lately in the idea of crowdfunding. This idea describes a project or idea that is funded by a large number of people or crowd. You may have heard of Kickstarter or LendingClub – both crowdfunding in different ways.
I’ve pulled some interesting articles if you want to take a look at what’s happening in the crowdfunding world. You may see it as a way to develop passive income (a la Lending Club – loaning money to individuals with interest) or it may be interesting because of the potential for small business growth worldwide. Happy Friday, Savers.
The Month that Changed Crowdfunding, DailyCrowdsource.com – Timeline of crowdfunding milestones that will change the way many businesses and projects are funded.
Coffee Shop Uses Crowdfunding, Herald-Sun – How crowdfunding can work for small business
How the JOBS Act will change crowdfunding, TechCrunch – What this means for start up businesses and raising money via crowdfunding
Kicking Ass and Taking Donations, Crowdsourcing.org – How to get your project funded through Kickstarter, but also helpful in thinking about the next generation of nonprofit fundraising
Crowdfunding and Social Entrepreneurs, NY Times – Highlights the impact of the recently passed JOBS Act