A person, group, cause or organization that raises money from a lot of people that, on an individual basis, contribute a relatively small amount of money to help achieve the goal.
A high school coach needs a new piece of equipment that costs $1,000. The coach creates a listing on a web site that is designed to assist him in these efforts (crowdfunder.com). The coach collects $1,000 from 500 people each contributing $2.
by robert mark June 24, 2008
Get the crowdfunder mug.I really have this great idea for an app that has the potential to make millions, but I don't want to give up any ownership of my company, don't want to hassle with securities laws, or simply can't get capital investors interested. So, I'll just "solicit donations" over the internet by crowdfunding that way I appear legitimate instead of a beggar.
by whoxisxjohnxgalt January 24, 2013
Get the crowdfunding mug.Related Words
When groups of people who share common interests pool small contributions of money to achieve their common financial goals.
Heather is crowdfunding her first CD by asking her fan base, and the people in her community, to contribute 10 dollars each to the project.
My family crowdfunded our parent's 25th wedding anniversary trip to Germany.
My family crowdfunded our parent's 25th wedding anniversary trip to Germany.
by Nichole Nurenberg-Miller November 4, 2007
Get the crowdfunding mug.The process of soliciting funds whereby the project or start up gets as many people as it can to throw enough shit at their wall that the venture just might pan out.
"Hey honey, I think we should donate some money to my brother's Kickstarter project so he can finish his indie movie."
"To hell with that. I am not going to support any more crowdfundung projects. People should have to make it on their own in this world!"
crowdfunding kickstarter crowdfund crowdsourcing
"To hell with that. I am not going to support any more crowdfundung projects. People should have to make it on their own in this world!"
crowdfunding kickstarter crowdfund crowdsourcing
by stoneydoggie September 5, 2014
Get the crowdfundung mug.1. DAAAAAAAAAAMN! YO MOMMAS A COLOSSAL CRODUNDER WEARING THAT 28x dress!
2. dammit colossal crodunder is up tryin to get wit J again
2. dammit colossal crodunder is up tryin to get wit J again
by bojzzle May 9, 2005
Get the colossal crodunder mug.Crowdfunding is raising money from friends and family to fund an idea, cause or business. Donation based is the most common and Kickstarter and Indiegogo are two popular sites. Money given to campaigns on these sites is considered a donation and often there is a perk like a t shirt or your name in the credits of a movie. The most successful campaigns (millions of dollars) have typically been for companies who are offering a product (think presale) in exchange for a donation.
As a result of the 2012 JOBS Act, companies will soon be able to offer equity or debt in their company in exchange for investment money. The SEC hasn't completed the rules for this yet, so companies have to wait until they are done. This could significantly expand the capital available to entrepreneurs and will allow unaccredited investors (that's nearly all of us who are not wealthy) to invest in people and ideas that we believe in. This type of investment is very risky because of the high failure rate, thus people will be limited on the amount of money they can invest based on their net worth. Today, the biggest investment gains come from these type of early-stage investments. Once the rules are complete and start up companies can offer securities, the everyday Joe and Jane can possibly fund the next big idea like Google or AirBnB or Amazon.
To learn more about equity crowdfunding, CareerFuel has a comprehensive site created to educate entrepreneurs and would-be investors.
As a result of the 2012 JOBS Act, companies will soon be able to offer equity or debt in their company in exchange for investment money. The SEC hasn't completed the rules for this yet, so companies have to wait until they are done. This could significantly expand the capital available to entrepreneurs and will allow unaccredited investors (that's nearly all of us who are not wealthy) to invest in people and ideas that we believe in. This type of investment is very risky because of the high failure rate, thus people will be limited on the amount of money they can invest based on their net worth. Today, the biggest investment gains come from these type of early-stage investments. Once the rules are complete and start up companies can offer securities, the everyday Joe and Jane can possibly fund the next big idea like Google or AirBnB or Amazon.
To learn more about equity crowdfunding, CareerFuel has a comprehensive site created to educate entrepreneurs and would-be investors.
by Prosperity for all August 20, 2013
Get the Crowdfunding mug.Round-up crowdfunding is when people round up their everyday transactions to the nearest dollar and use the extra change to collectively fund something.
“I didn’t even notice I was contributing, but my spare change from round-up crowdfunding helped fund the project.”
by A guy who invents words March 18, 2026
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