Crowdfunding has changed the way of financing budding companies; in fact the ease of gathering funds online has simplified this financing. In lieu of sites like MyEfunder and Crowdfunder, entrepreneurs turning to Venture capital firms , banks and angel investors for gathering financial for their idea is soon going to be a thing of past.
The crowdfunding platforms like Crowdfunder and MyEfunder gaining momentum in the arena of financing start-ups is the result of the ease these platforms provide to their clients. Crowdfunding is a way to raise finance for the company, through group funds. The concept of crowdfunding can be easily understood by studying sites like Crowdfunder and Kickstarter on a closer note.
The concept of crowdfunding is basically sectionalised in two kinds; equity based crowdfunding and rewards based crowdfunding. The former gives the funders shares in the start-up, while the later gives them rewards from the start-up in the form of products, services or even cash.
What do sites like MyEfunder and Crowdfunder do in this regard?
With the concept of crowdfunding, well-known crowdfunding platforms like Crowdfunder build the bridge in between the Start-up and the funders. There is no dearth of ideas nor of the people who are ready to fund them, but one finding the other is definitely a problem. Sites like Crowdfunder know the address of both, thereby help promote the budding idea to various funders. Top breed sites in this regard like Crowdfunder and Indiegogo have a sound and user-friendly online platforms to support funding for companies. Websites of Crowdfunder and MyEfunder are easy to understand and handle.
Taking things altogether
Another advantage of Crowdfunder and MyEfunder is that they are they gateway to not only crowdfunding but also to other fundraising sources such as angel investors and venture capital firms. This facility on Crowdfunder ensures that the start-up would get exposure to all kinds of funding sources and might end up gaining funds from one or more sources of funds.
Earning of crowdfunding sites
These crowdfunding sites are themselves registered companies and earning for them is through the commission from the people who campaign for their start-ups. With variety of sites in this field there is more than one method of earning from this commission. In particular, Crowdfunder allows you to create a free user profile, but for displaying the idea to gather funds it mandates you to have a membership plan and pay for it.
Platforms like Crowd funder and MyEfunder are not only ways to garner funds, but also a way to research about latest trends going on in the market, thereby shaping way for future ideas to evolve. They give a live view of the market, right on your computer screen and wings to your budding company without much toiling.
