Online crowdfunding, where regular folks shell out money to back a project or a company in return for rewards and sometimes equity, is pretty hot right now. And it’s set to get hotter when the U.S. JOBS Act goes into practice, which will make equity funding broadly available to unaccredited investors. But let’s not get ahead of ourselves. Felix Salmon at Reuters has a well-executed takedown of a widely cited global estimate for crowdfunding, which had pegged the market at $1.5 billion in 2011, with the potential for $3.2 billion this year. This came from Massolution and Crowdsourcing.org, an industry organization focused on crowdfunding.
To read the full, original article click on this link: Widely Cited Crowdfunding Market Estimates Are Probably Too Optimistic - Liz Gannes - Commerce - AllThingsD
