Crowdfunding — where a crowd of people donates a defined amount of money for a specific cause — has grown from a $ 33 million market to a $ 128 million market in the past two years and is expected to reach $ 500 million in 2012. This is in large part thanks to platforms like Kickstarter, the JOBS Act and the growth of investment-based crowdfunding. While crowdfunding won’t completely replace more traditional fund-raising methods, we believe it is an important space to watch. This report examines the results of Daily Crowdsource’s recent in-depth research. The report will help individuals interested in running crowdfunding projects, investors and financial reporters.
