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|“My view is that crowdfunding will be really important in some industries, but not in all. A good example is technology companies. If you are in an early stage, tech startup, especially in Silicon Valley, and you can’t raise money from Angels or VC firms, that is a very bad sign.” — Ryan Caldbeck|
Today’s WhatIs.com Word of the Day is crowdfunding, which is financing a startup project with relatively modest contributions from a large group of individuals, rather than seeking substantial sums from a small number of investors. It’s been a big buzzword since President Obama signed the Jumpstart Our Business Startup Act.