Of the following, what best describes the value of crowdfunding?
A)Projects are easy to conduct.
B)There are various options to funds other than giving a part of the company away.
C)It is relatively risk free.
D)It is the easiest way to get worldwide recognition.

Question

Quizplus · Accepted Answer

Crowdfunding allows for projects to be funded without giving up equity in the company, providing options to retain full ownership and control. This can be especially beneficial for early-stage startups. While it may not be completely risk-free, it can help mitigate financial risks by allowing for smaller investments from many individuals rather than relying on large sums from a few investors. While crowdfunding can help gain exposure and a customer base, it is not necessarily the easiest or guaranteed way to achieve worldwide recognition.

Of the Following, What Best Describes the Value of Crowdfunding