Crowdfunding: Tapping the right crowd

With crowdfunding, an entrepreneur raises external financing from a large audience (the “crowd”), in which each individual provides a very small amount, instead of soliciting a small group of sophisticated investors. This article compares two forms of crowdfunding: entrepreneurs solicit individuals...

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Bibliographic Details
Published in:Journal of business venturing 2014-09, Vol.29 (5), p.585-609
Main Authors: Belleflamme, Paul, Lambert, Thomas, Schwienbacher, Armin
Format: Article
Language:English
Subjects:
Capital requirements
Comparative studies
Crowdfunding
Decision analysis
Entrepreneurial finance
Entrepreneurs
Pre-ordering
Profit sharing
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