Volume : V, Issue : II, February - 2016

Is Endowment Of Crowd Funding A Supplant Of Traditional Source?

Prof. Shivaprasad G, Prof. Kannadas S

Abstract :

 Crowdfunding is an internet supported way to run businesses or raise money either in form of donations or various investments from multiple individuals. This new form of fund raising technique has emerged since the wage of 2008 financial crisis. With limited willingness to lend money by the traditional banks, entrepreneurs started to look for capital generation from the other sources. Crowdfunding mainly caters to take advantage of crowd based decision making.. Individuals and companies seeking for project development have raised billions of dollars in debt, equity and donations for projects, using social media networks, web based communications. There are various platforms such as Kickstarter, Wishberry, Ketto, Catapooolt and Start5. In this research the scholars are focussing on the growth and success scenario of crowdfunding and of course the overwhelming evolution of this source when compared to traditional source of finance.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Prof.Shivaprasad G, Prof.Kannadas S Is Endowment of Crowd Funding a Supplant of Traditional Source? International Journal of Scientific Research, Vol : 5, Issue : 2 February 2016

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