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Crowdfunding

The idea of crowd funding shot to the top of the public consciousness this week with the story of Karen Klein, the 68-year-old bus monitor in upstate New York who had been bullied to tears by a group of teenagers.

When a video of the incident went viral, a Good Samaritan opened an account for her on Indiegogo, inviting people to contribute and hoping to raise $5,000 to give Klein a vacation.

The crowd-funded account has now surpassed $550,000 and may continue to rise.

To read the full, original article click on this link: The pros and cons of crowd funding - Canada - CBC News