CrowdFunding: Fixing The Old Model

The problem with the existing crowdfunding model is that it does not take into account the realities of a bootstrapped, naturally-growing business. The assumption in the current model is that every start-up or early-stage enterprise needs a single chunk of money or it will fail. While this may be true for a techno-company which needs to build a prototype and sell it or license it to a few major industry players, or a screenplay or album that has a fixed budget and a severe time constraint, it just doesn't apply to any other type of business. This 'critical mass' standard has got to be stopped. CrowdFunding Incubator LLC has an alternative...

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