Please enable JavaScript.
Coggle requires JavaScript to display documents.
Crowdfunding platforms, 1.Introduce the company
What are their…
Crowdfunding platforms
-
Risks
Crowdfunding is a new concept and investing in young businesses can be very risky. The main risks of investment-based crowdfunding are...
You don't need a prototype, some funders will back just ideas
Donations
There are various forms of crowdfunding. Some companies take a % of your final amount whilst some companies take a % of of each person's donation, proportionately to the donation.
-
-
Types
Investment-based crowdfunding. You invest in a business and
receive a stake in return (normally shares).
Loan-based crowdfunding. You lend money to individuals or companies in return for a set interest rate. It’s also called peer-to-peer or
peer-to-business lending (P2P or P2B). You can read more about loan-based crowdfunding in our guide to Peer to peer lending.
Donation-based crowdfunding. You donate to a person or a charity (you may be promised something in return).
Reward-based crowdfunding. You give money in return for a reward linked to the project or cause you’re supporting.
-
-
1.Introduce the company
- What are their struggles?
- Introduce crowdfunding as a platform (speak about facts)
- How do we know it works? (Use the company as an example)