The Power of Crowdfunding: Unlocking Business Opportunities

Assignment #01 Due 6/20 Total Points Earned 0 Total Points Available 100 Pts Avail. Pts Earned Pts Avail. Pts Earned 1   30 0 3   13 0 1a 5 0 3a 5 0 1b 5 0 3bi 2 0 1c 5 0 3bii 2 0 1d 5 0 3biii 2 0 1e 5 0 3biv 2 0 1f 5 0 4 4 10 0 2   4 0 5 5 10 0 2a 2 0 6   12 0 2bi 1 0 6a 2 0 2bii 1 0 6b 3 0 6c 5 0 6d 2 0 7 7 21 0 In terms of raising funds to conduct operations, or to start a business there are more choices today than there were even five years ago. A large part of this variety is due to the creation of “crowdfunding” platforms. As is usually the case with Investopedia.com they offer a useful definition https://www.investopedia.com/terms/c/crowdfunding.asp If have developed answers that rely on the work of others, you must cite them – citations do not have to be in “traditional style” but they should at least be a url that the instructor can find and check. Write a short two paragraph explanation of how crowdfunding works. In terms of Figure 1 of Section 2.1, in which part of the graph would you characterize “crowdfunding”. What are two of the main the advantages to the borrower of using a type of crowdfunding? What are two of th