Posted on Thursday, November 29, 2012 at 11:18 am CST
In the past, companies would need to get investment from a bank, a venture capital firm, or a large private investor to branch out into a new project. However, the Internet has now opened up “crowd funding” opportunities where large numbers of the general public can contribute small amounts to fund new ventures that interest them. Hundreds of new projects have been funded through Kickstarter, IndieGoGo and other crowd funding sites.
Source: Kiddidoo