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What is Crowdfunding

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May 03, 2023
What is Crowdfunding
1 answer
Neal Strickberger
Accepted Answer
May 03, 2023
Crowdfunding is the process of raising capital for a venture or a startup via smaller amounts from many investors (“the crowd”). The capital can be provided without the expectation of financial return, or in exchange of a specific good or service. Successful crowdfunding campaigns often require effective marketing, storytelling, and engagement to attract a sufficient number of backers.

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