It may also work well for those that don’t mind giving up some ownership in the company. Here we look at the advantages and disadvantages of equity crowdfunding when it comes to getting a new business of the ground. Here’s what I can say: Advantage: 1. I established my business through crowdfunding, so I am quite familiar with the entire process of equity crowdfunding. I will cover something that people haven’t covered here. Equity crowdfunding may work well for entrepreneurs whose business startup offers an innovative (and realistic) product or service, wants to grow quickly and can handle the growth. So we’re clear, we’re just going to focus on the disadvantages: * Time spent and focus needed on fundraising this way. Equity crowdfunding is becoming increasingly popular amongst entrepreneurs looking for finance without the worry of a bank loan. > What are the disadvantages of using equity crowdfunding to fund a startup?
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