Crowdfunding is the latest buzz to hit the entrepreneur community, but no one really knows how it is going to work. What we do know is that it will allow people like you and me (non-accredited) investors to use our money to help small businesses to start or grow. The problem is that the funding entrepreneurs need to prove, start and grow their ideas into companies has been at a premium since 2008. The question now is whether the excitement will translate into a meaningful solution.
The turn of the century already saw a slow down from the tech investing of the 90’s, but when the recession hit, bank funding ground almost to a stop. Where could the entrepreneur go to seek funding for their idea or startup?
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