2,800 crowdsourcing and crowdfunding sites
About 10 years ago, no one believed that going online to find a husband or wife would be something normal, acceptable (not to mention profitable!!). Fast forward 10 years later and online date is no longer a fad but very much a normal thing, almost like ordering a skinny, flat white latte!!
Could Peer to Peer lending and Crowdfunding follow the same route in the next few years? i.e. move from a revolution to being mainstream methods of raising capital for new businesses? While both crowdfunding and peer-to-peer lending are ways to secure capital online, the two are different from one another and the aspects of each option should be considered carefully.
Recent cases of Initial Public Offering’s (IPO’s) of Micro Financial Institutions (MFI’s) have rewarded investors at the expense of borrowers. Post IPO, interest rates have been driven to exorbitant levels thereby compromising the mission of MFI’s to engage in financial lending to smaller borrowers that have a stated social aim of helping to alleviate poverty being compromised. Is the concept of an IPO for an MFI irreparably damaging to the interests of borrowers and does crowdfunding offer an alternative approach that could allow MFIs to get larger and at the same time protect their clients from high interest rates exposure?
Despite different crowdfunding activities occurs for any variety of purposes as different as political campaigns or creating open source software, in this paper they're going to focus on the...
Crowdsourcing.org first had the opportunity to speak with CloudFactory co-founder Tom Puskarich a few months ago at the cloud labor platform's launch where Puskarich was in attendance with fellow co-founder Mark Sears. Now that CloudFactory's digital assembly line model has been up and running for a few months — and with a new website — we followed up with Puskarich to see how it's going and how a factory in the cloud can help any business, even a pool cleaner in California.
Before founding Kangu, Casey Santiago worked for fifteen years in over 20 countries in global health, microfinance and technology. As an early staff member at Kiva.org, Casey managed a portfolio of...