Because early-stage financing is almost always a problem for those starting a new business,__________ is a way to gather an online community of supporters to financially rally around a specific project that is unlikely to get resources from traditional sources.

Question

Quizplus · Accepted Answer

Crowdfunding is a way to solicit funding from a large group of people, typically through an online platform, for a specific project or initiative. This can be a useful tool for entrepreneurs who are struggling to secure traditional financing methods like venture capital or bank loans.

Because Early-Stage Financing Is Almost Always a Problem for Those