By Drew Hendricks,
Over the last several years crowdfunding has become an increasingly popular option for both entrepreneurs and investors. According to Statista, In the United States alone, there are 191 crowdfunding platforms. They also discovered that the volume of global crowdfunding platforms skyrocketed from $530 million in 2009 to over $2.8 billion in 2012. When you also consider that over 95% of business plans that were received by accredited investors and VCs have been rejected – via the Huffington Post – it’s no surprise that entrepreneurs are looking elsewhere for funding.
Crowdfunding has already proven itself to be a successful alternative in acquiring or investing money. And it’s likely not going anywhere anytime soon. It will most likely continue to rapidly grow. In fact, crowdfunding is poised to become the next big investment trend. And here’s five reasons why.
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