Don’t Be Fooled By All The Hype For Crowd Funding
Startup Professionals Musings
SEPTEMBER 23, 2013
Here people make online pledges with their credit cards during a campaign, to pre-buy the product for later delivery, if it is ever built. In this model, sometimes called micro-financing or peer-to-peer (P2P) lending, you borrow money from a number of people online and pay them back after the project is finished.
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