Pros and Cons to Crowdfunding

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On this episode of Monday Minutes, Tom begins a four-part series on the regulations of crowdfunding. Crowdfunding is when a company raises small capital from many individuals. From the perspective of a company, what are the advantages of crowdfunding? For one, it opens up your fund-raising efforts to a wider base, as well as creates awareness of your brand. In terms of disadvantages, platforms will take a percentage of what you raise, as well as have other regulations.