Education and Technology

Advantages and disadvantages of crowdfunding

Education and Technology

Advantages and disadvantages of crowdfunding

Advantages- Fast way to raise finance with no upfront fees, pitching a project or business through the online platform, get feedback and expert guidance, to test the public's reaction, to track your progress, it's an alternative finance option Disadvantages- Significant resources (money and/or time) may be required, any finance that has been pledged will usually returned to your investors and you will receive nothing.

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