CrowdFunding Incubator (CFI) - A Revolution In Financial Realism
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.
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