Crowfund Investing

The book I read to research this post was Crowdfund Investing For Dummies by Sherwood Neiss which is a very good book which I read at

http://safaribooksonline.com

This book is related to another post I did on Kickstarter which can be found at http://scratbag.me  . Crowdfunding is getting people together online to either invest in your business or give to your charity. Usually you either give them a portion of your business, much as with venture capital or with smaller amounts give them a gift like a signed book. The law in America to allow crowdfunding went through in 460 days from its inception which is relatively fast. At that time banks were heavily reducing how much they lend to businesses due to the recession. Crowdfunding requires a certain transparency in running the business as you normally have to let investors know even if you make a serious error. It levels the playing field between corporations and start up businesses. If you can convince people you have a good idea, the world is your oyster, There is a list of crowdfunding websites at http://crowdfundprofessional.org & there is a crowdfunding website at http://crowdfunding.com. Often people like musicians and authors can get books and albums financed on these sites. Something good about crowdfunding is if someone is a fraudster word gets around these sites quite quickly. Also there are websites that enable investors to lend money to projects in the developing world and generally a high proportion of these are paid back. Normally if you invest in a company you must hang onto the stock for at least 12 months and in practise it's normally a lot longer. Also the stock is often difficult to resell. I did enjoy this book and I think it appears quite accurate in what it says.