Tuesday, September 18, 2012

Current Events - September 18th, 2012

Success of Crowdfunding Puts Pressure on Entrepreneurs

With the booming success of the website Kickstarter, a website in which entrepreneurs can raise money from customers for their projects, many have flocked to this new style of fundraising. This success has not come without setbacks though, as many have run into unforeseen difficulties that have led to delays in production and frustration for those that give their money to these projects. Do you believe that those that fund a future project deserve to be refunded if the project does not end up being successful? Does the responsibility fall on the entrepreneurs, the owners of Kickstarter, or on the donors who were aware of the risks before they donated? Follow the link below and read more on this revolutionary style of business.


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