Crowdfunding

Many entrepreneurs struggle to find funding for their early stage ideas. Crowdfunding through websites like Kickstarter and IndieGoGo has become an increasingly attractive option for this purpose.

The purpose of this assignment is to learn about the features, benefits, and possible problems of crowdfunding. For this paper, you have to do your own, independent research, and learn about crowdfunding. You should read and use references that are high quality and preferably academic. A good starting point can be this article by Mollick (2014): http://www.sciencedirect.com/science/article/pii/S088390261300058X
For this paper, you have to cite at least five high quality references about crowdfunding.

Once you have read enough to have a good understanding of crowdfunding, write a paper that answers the following:

1. Provide a short summary of what crowdfunding for entrepreneurial projects is (half page max).
2. Discuss some important benefits of crowdfunding for entrepreneurs.
3. What advice would you give to a friend who is building a crowdfunding campaign on Kickstarter? Give two good pieces of advice based on your research.
4. The paper has to be a minimum of one page and can be a maximum of two pages long. It is graded based on content, not length. Use 1-inch margins on all sides, line spacing at 1.5. Do not leave extra space between paragraphs