• February 4, 2020 at 2:02 pm

    Crowdfunding is funding through various individual investors such as friends, family, etc. In short, it is the source of collecting funds in a large number of people. But it requires excellent strategizing and execution. There are some Pros and Cons associated with it

    Some of the Pros are
    1) Reduces risk of Investment loss.
    2) Ensure a good ROI.
    3) Needs less investment

    Cons
    1) Fear of losing investments.
    2)Due to a number of investors during the start of projects, they may fail to project because of not getting the investments.
    3) Sometimes investors don’t get good ROI.