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May 20th, 2013
11:34 AM ET

The Crowdfunding Revolution

Maybe you want to start your own business but you're not exactly rolling in cash.
Millions of people are financing projects and businesses not with bank loans or traditional investors but with what's called "crowdfunding."
That said, if you pledge cash for a product or project be prepared to be very, very patient. A CNNMoney examination of the top 50 most-funded projects on Kickstarter found that 84 percent missed their target delivery date. ( http://money.Cnn.Com/interactive/technology/kickstarter-projects-shipping )
Brianna Keilar explains how this phenomenon is revolutionizing small businesses.

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Filed under: Brianna Keilar
soundoff (3 Responses)
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    I'm actually looking into crowd funding,I think it's brilliant! I actually get why a A CNNMoney examination of the top 50 most-funded projects on
    Kickstarter found that 84 percent missed their target delivery date. This process is tough, long and stressful. This type of product creation
    business is not for the weak mind people.

    CNN this is a great post, we need to post more information about this topic. This is a huge problem and people would love to know more about
    this.

    December 7, 2013 at 2:21 pm |
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