Wed, 2 March 2022
Benefits of Crowdfunding
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Crowdfunding brings many benefits to the startup raising funding.
Here are some key points to note:
It gives the startup a whole new network of potential investors to pursue.
Instead of raising only from accredited investors, crowdfunding raises from everyone.
It gives the startup a way to raise money for reasons beyond the financial return.
Instead of raising funding solely on the potential financial gain, a startup can raise funding on other factors such as the social impact.
It gives the startup more branding and awareness.
By using crowdfunding, a company can generate broader exposure for its brand and products.
This is particularly helpful for consumer product goods startups.
It also gives the startup a greater range of tools for reaching out to investors.
Social media and other means can be used to run a crowdfunding campaign.
There are many benefits to crowdfunding for both the startup and the investor.
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