What is meant crowd sourcing in the context of financing


You’re in a meeting with an angel investor whose funding could jump-start your venture. How would you feel if you had to answer the investor’s questions with “I don’t know” several times in a row? . Why do you think VCs tend to “bury their dead quietly”?

What is meant “crowd sourcing” in the context of financing ventures? Why is it an increasing possibility in the years ahead? Use some examples to make case stronger.

Research and find just ONE project that was “crowd funded”. Was it successful? Why? Is there an alternate way to fund that particular project? (It could be profit or nonprofit, public or private). Ted Talks contains quite few of these projects and of course, you can search “crowd-funding” sites.

These are not long essay type please answer all

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Operation Management: What is meant crowd sourcing in the context of financing
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