Funding from a large number of investors giving small amounts of money,typically through social media and Internet is known as a(n):
A) debt financing
B) angel funding
C) crowdsourcing
D) crowdfunding
E) None of these choices.

Question

Quizplus · Accepted Answer

Crowdfunding involves raising small amounts of money from a large number of investors typically through social media and the internet. Debt financing involves taking on loans that must be repaid with interest. Angel funding involves a small number of wealthy individuals who invest in a startup company in exchange for equity. Crowdsourcing is the process of obtaining services, ideas, or content from a large group of people, often via the internet.

Funding from a Large Number of Investors Giving Small Amounts