CrowdFunder is a pretty cool initiative coming out of Boulder, Colorado. It allows for you or your company to raise money in your community. A little money + a lot of people = the power of crowdfunding. Genius idea that taps into the power of crowdsourcing. By collecting a little bit of money from a lot of people, it allows people to raise serious cash money. The catch is that if the goal isn’t met, everyone gets their money back (which isn’t a lot in the first place). Once they start expanding to other cities, it’ll be interesting to see how fast this concept will take off. NYC? NOLA? AUSTIN? We’re waiting!


2 responses so far ↓
1 Kare Anderson // Nov 8, 2007 at 5:07 pm
another Crowdsourcing group that just launched here in the S.F. area:
MicroPlace is enabling people of average means loan money to the very poor – Kudos for this idea-packed blog!
– Kare, Moving From Me to We
2 CrowdFunder: The Power of the Crowd in the Community - PSFK.com // Apr 12, 2009 at 8:44 am
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