Crowdfunding

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Introduction to the crowdfunding.
A quick note on how crowdfunding works and how to get into it

Published in: Business, Economy & Finance
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Crowdfunding

  1. 1. A smart way of promoting Entrepreneurs, Start-ups and Individuals Presented by: Vishal Sancheti
  2. 2. Donor Funder Purchaser Consumer Gifts Grants Contracts Trading Asking Earning
  3. 3.  Crowdfunding is term used to collect fund small amount of fund from large group of peoples  Hence, Crowdfunding can be a effective source of funding
  4. 4.  It can be a gateway to engagement  An opportunity to build community or customer base  an invitation to participate in and influence a new venture  shared ownership from donation, through reward to celebration
  5. 5.  It can you and your ideas out directly in front of the public  It doesn’t always work.  It requires continuous efforts that interests a sufficient number of people strongly enough to motivate them to part with hard-earned cash
  6. 6. Name Progress & Goal Video Project Creator Description Awards  A example of Project Crowdfunded on KickStarter
  7. 7. Token $1 Product Special honor $10,000
  8. 8.     Good awards  Sell what people are buying  Emulate other successful projects Media coverage  Enthusiast sites– Gizmodo/Techcrunch /IGD  Social Network – Kickstarter itself  Reputation of people associated with project Planning & Preparation – perhaps for a year  Business plan – Plan on cost overruns and delays!  Prototype made, production facilities lined up  Video Communication with backers  Especially when things go bad
  9. 9. It is the hottest topics for startups looking to raise investment and may continue to be so.  It is believed to be revolution in democratization of capital market.  But still some believe its Red-hot right now . . . .but forecast is chillier  Likely reduced Backer enthusiasm as funded projects don’t meet expectations OR never release at all 

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