What is Crowdfunding? How does it help small business owners? Crowdfunding is a relatively new and extremely popular alternative to traditional funding methods such as bank loans, grants, VC funds or angel investment.
The answer to any complex question is usually “…it depends” and such is the case here. The amount of money you need to request from a banking institution, angel or VC depends on the nature, complexity and size of your business, as well as how quickly you are looking to grow and exit (sell). Each company’s funding needs are as varied and unique as the company itself. Here are a few examples: