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When I describe crowdfunding to my friends that aren’t totally tuned in to the business scene in Canada, I usually get two immediate reactions.

The first one is that it seems like a great idea; “Why not let startups try and raise money in small amounts using the reach of the Web, similar to charity or political fundraising campaigns?” The second one is surprise that it’s not currently legal to do so: “What do you mean a business can’t collect money from people willing to give it to them?”

To read the full, original article click on this link: Crowdfunding complements ‘lean startup’ approach and reduces risk « IT Business Blogs Canada - Leadership