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What General Electric’s Big Bet On Crowdfunding Looks Like
If you're closely watching the developing situation around crowdfunding, one of the themes you start to see is that expertise matters - and therefore the whole crusade to provide a platform for funding but little else may need to be reevaluated. Because investors that only provide capital and not industry knowledge and contacts are shortchanging the entrepreneur.
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In Crowdfunding, New Source of Aid After Catastrophe
After the devastating floods in Colordado, with no flood insurance, and limited access to credit and small business loans, people turned to online charitable giving — a crowdfunding platform called GoFundMe — to help raise money to regain their footing.
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Weekly Roundup – 11-9-13 – For Sale: Your Future: Should young people sell shares of their future earnings to investors?
Upstart is a crowdfunding company geared toward young people in the U.S. who are struggling with the cost of college education. It’s one of several new companies that allow investors to fund students’ careers, in exchange for a percentage of their future earnings. Is this a welcome innovation meeting a growing demand, or is it exploitation of the heavily indebted youth? We explore the topic in this Weekly Roundup.
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Expert Slams Crowdfunding As A ‘Fad’
Crowdfunding’s dismal record in securing substantial investment for entrepreneurs has made it an unsustainable platform for businesses in the long run, according to a London Business School enterprise expert.
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