Crowdfunding: Leveraging the power of people, the Internet and social media
By P. S. Yeoh
June 2014 FEATURE
Crowdfunding is not a new concept, but with the Internet and social media, it has gained traction as a powerful tool.Crowdfunding denotes the raising of funds in small denominations from many people – not just friends and family, but also strangers from afar – and arguably provides a feasible alternative to conventional financing sources for individuals and small enterprises. It is commonly done through online platforms, which usually provides little opportunity for due caution and diligence, and in that sense...
P. S. Yeoh
