What does crowdfunding mean?
Definitions for crowdfunding
crowd·fund·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word crowdfunding.
Wiktionary
crowdfundingnoun
Funding by many individuals pooling their money together for a common goal, usually via the Internet.
Wikidata
Crowdfunding
Crowdfunding is the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations. Crowdfunding is used in support of a wide variety of activities, including disaster relief, citizen journalism, support of artists by fans, political campaigns, startup company funding, motion picture promotion, free software development, inventions development, scientific research, and civic projects. Crowdfunding can also refer to the funding of a company by selling small amounts of equity to many investors. This form of crowdfunding has recently received attention from policymakers in the United States with direct mention in the JOBS Act; legislation that allows for a wider pool of small investors with fewer restrictions. While the JOBS Act awaits implementation, hybrid models, such as Mosaic Inc., are using existing securities laws to enable the public in approved states to invest directly in projects as part of a crowd. Crowdfunding has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties. Crowdfunding is the application of this concept to the collection of funds through small contributions from many parties in order to finance a particular project or venture.
Editors Contribution
crowdfunding
Funding provided by a group of people who put their money together for a common goal.
Many individuals provided some money together to support the community centre expansion which was demonstrable to improve the lives of all ages.
Submitted by MaryC on January 1, 2020
Numerology
Chaldean Numerology
The numerical value of crowdfunding in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of crowdfunding in Pythagorean Numerology is: 3
Examples of crowdfunding in a Sentence
A funding portal is not a broker-dealer and hence not compensated to do the diligence (nor have the expertise, time or resources to diligence) the underlying companies, funding portals essentially act as a matching service. The premise of crowdfunding is the crowd reviews this information and makes their own decision. Hence, portals should not be held accountable for misstatements by the issuers. Issuers need to be held accountable for those misstatements.
[A crowdfunding campaign] is a good sign of traction before raising VC.
Crowdfunding provides companies with relatively cheap refinancing capital and at the same time secures a group of customers a few months prior to the actual project launch. This could help lower the sales risk due to market factors in later stages.
Whenever you are tapping friends and family for money, you should remain very unattached, otherwise feelings get hurt, and your resentment or pain or anger gets transferred onto your relationships. A crowdfunding campaign is never worth that.
Most brands are new to crowdfunding and they don’t fully understand the potential that crowdfunding has as a market research, market validation tool and we really want to support that use case, what it is in it for the brand is it is an amazing way for them to directly engaged with consumers and to really find out what the audience cares about. It’s a way for them to uncover innovation.
Translations for crowdfunding
From our Multilingual Translation Dictionary
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"crowdfunding." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/crowdfunding>.
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