Crowdfunding that gives backers the opportunity to become shareholders in a company is called ____________.

Question

Quizplus · Accepted Answer

Equity crowdfunding allows backers to become shareholders in a company, giving them a potential financial return on their investment. Crowdsourcing refers to obtaining services or ideas from a large and diverse group of people, shared entrepreneurship is not a commonly used term, and professional fund management involves managing investments on behalf of clients.

Crowdfunding That Gives Backers the Opportunity to Become Shareholders in a Company