It all starts with an idea. An idea that could not only change the lives of consumers, but could make you a ton of money. But even if you manage to turn that brainstorm into a prototype—whether it’s a killer app or a game-changing gadget—you still need funding and guidance to take your company to the next level. Previously, the only legitimate route for a startup was to seek out a venture capital firm. But today’s Apples and Googles in the making have powerful new tools at their disposal.
A host of unconventional services such as Indie GoGo, Kickstarter, Peerbackers, and ProFounder promise to help ambitious startups quickly raise funding via the web, with little risk and plenty of creative freedom. Are these new methods for building a successful company really better than working the venture capital circuit?
To read the full, original article click on this link: Crowdfunding 101: How Rising Startups Use the Web as a VC Firm
Author: Brian Oliver Bennett
