https://goldcrowdfunding/littlebowpeep Since the Jumpstart Our - TopicsExpress

https://goldcrowdfunding/littlebowpeep Since the Jumpstart Our Business Startups Act, or JOBS Act, was created in 2012, crowdfunding has been picking up steam. But what exactly is crowdfunding? By definition, it is the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet. Most successful projects receive about 25 to 40% of their revenue from their first, second, and third degree connections. These are friends, family members, work acquaintances, or anyone related to the owner of the business. But because anyone can contribute any amount of money to a project or venture through crowdfunding, a compelling message must be created so as to draw a large audience. Now, there is a misconception that crowdfunding is just useful for small businesses and start-ups. After all, its extremely popular where smaller investments are required. However, crowdfunding is also booming in the real estate industry.

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