Take your business up on the web and make way for flexible funding. Much more than this, expect a much broader audience to do crowdfunding by year 2014.
Numerous popular online platforms will not only help you raise money fast for any business that you may happen to have, but will also help you get ready to start a really viable business for specific social, personal, or entertainment purposes.
Unveiling the hottest developments in raising finance:
200 firms will break a million dollar in Crowdfunding campaigns in 2014.
The balance of angel networks, VCs and broker dealers with regards to CF (crowdfunding) will start showing its trends, and hundreds of firms will get funding to take the lead in this space.
IBM and more corporation firms will start using Crowdfunding for internal innovation and development.
Kickstarter will break a billion in crowdfunding campaigns.
Dozens of European CF firms will expand to the US but fail to make an impact. US firms will grow larger and do faster than their counterparts abroad.
Celebrities en masse will enter the space as talent agencies like UTA (United Talent Agency) and CAA (Creative Artists Agency) are getting ready.
Crowdfunding for real estate will surpass gaming as the lead for crowdfunding investors.
And watch for these:
European brands in equity crowdfunding such as Symbid, Seedrs, FundedByMe, CrowdCube will expand in Europe in 2014 although their efforts have so far failed miserably.
Crowdfunding for equity becomes US law by Fall 2014 but it won’t be the leading driver for capital formation for small businesses – other morphed laws will be.
Global crowdfunding industry will reach $10 billion in 2014. Massolution estimate of $5.1 billion for 2013 missed that LendingClub themselves broke $2.1 billion in debt Crowdfunding mid 2013 (July) and was on a $750 million trajectory when the report was conducted mid 2012.
Thanks to social media and internet technology for all these new ways of financing. Entrepreneurs can partner with any of the famous or niche crowdfunding platforms and profile-match their business to the new trend itself. They might find new markets by launching, updating, and developing products and services through crowdfunding.
Note: This article originally appeared on Equities on December 30, 2013