In this slideshow we explore the eras of raising finance for private businesses - BC - Before CrowdFunding compared with AD - After Debt Crisis.
The transition happened around 2007.
The BC model - First funding from friends, family and fools, then banks then angel investors then venture capitalists then private equity then equity capital markets then debt capital markets.
The AD model - CrowdFunding then CrowdInvesting then CrowdLending then venture capital then private equity then IPO.
For more details read CrowdFunding 2.0 - The 7 Dumbest Mistakes When Raising Finance For Your Company on Amazon: