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Crowd-Fund Sites Eye Boom
May 12, 2011 /
With regulators considering easing fund-raising rules for start-ups, social-networking sites that link entrepreneurs to large pools of donors are gearing up for a boom.
The sites–which facilitate "crowd-funding"–have taken off in the past few years. Small businesses pitch ideas to people in a site’s online network, who decide whether to donate. The sites typically make money by charging the small business a fee.
By ANGUS LOTEN
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Posted in: Funding and Building your Business
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