Question

Crowdfunding can be defined as:

Accepted Answer

Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors. This approach taps into the collective efforts of a large pool of individuals—primarily online via social media and crowdfunding platforms—and leverages their networks for greater reach and exposure.

Quiz 13: Sources of Finance for Entrepreneurial Ventures

Crowdfunding can be defined as: