Crowdfunding as a Platform for Small Business Capital Raising
Over the past 20 years, the Internet has introduced innovative business models and platforms at an astonishing pace. More recently, the rapid spread of social media and the proliferation of “smart” phones, tablets and other mobile devices have revolutionized further the way people interact with one another, both personally and professionally. Businesses are increasingly using social media platforms such as Facebook® and Twitter® to do business and interact with their customers. Now this social media boom is also affecting the way small businesses raise funds for growth and capital investment.