Describe the four major types of crowdfunding

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Reference no: EM133337217

Question: Entrepreneurs launched more than 800,000 startup companies in 2020. Instead of seeking traditional forms of funding from a few wealthy investors, many pursued crowdfunding, which enabled them to seek financing from a large pool of investors, often consisting of friends, family members, customers, and other interested parties.

Please research crowdfunding and report your findings.

Accurately describe the four major types of crowdfunding.

Explain the factors that lead to successful and unsuccessful crowdfunding campaigns, using practical examples.
Outline the steps necessary to determine whether a business is suitable for crowdfunding.
Recommend a crowdfunding platform with a track record of success.
Be sure to justify your recommendation.
Determine whether the emergence of crowdfunding poses a threat or opportunity for multinational enterprises (MNEs).
Be sure to include your rationale.
Speculate, based on your research, how crowdfunding will affect traditional capital fundraising.
Be sure to provide evidence to support your assertions.
Use a minimum of five sources to support your writing.

Reference no: EM133337217

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