CFI - CrowdFunding Incubator Provides A Funding Solution Without The Pressure

Sunday, January 27, 2013

CFI - CrowdFunding Incubator Provides A Funding Solution Without The Pressure

Crowdfunding has become a bit too much like a 1970s game show, where the project sponsors have a certain number of days or hours to either raise their target level of funding, or to walk away with nothing. Some say that the contributors are refunding all or most of their money in the event that the project sponsors fail to beat the clock to the finish line. Sadly, this type of game show gambit doesn't really benefit any enterprise which has a scalable, staged or a multiphased business plan. CFI, in its exception to this extremist situation is willing to permit project promoters to do multiple fund postings provided that 1) the companies can make gainful use of the proceeds collected, regardless of the amount -- even if they fall short of either the financial goal or the initial proposed deadline, and 2) that contributors get significant immediate value in return for their casting their lot in with the project promoters, as well as a substantial incentive when the subject enterprise reaches its final phase and passes the finish line.

http://bit.ly/UEt7W8