Don’t Be Fooled By All The Hype For Crowd Funding
Startup Professionals Musings
SEPTEMBER 23, 2013
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. Sometimes contributors may get compensated later, but usually the rewards are just kudos and intellectual satisfaction. Debt-based crowd funding.
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