WorksheetsIntroduction to Crowdfunding
Total questions: 8
Worksheet time: 3mins
Which of the following is NOT a form of crowdfunding?
Rewards
Loan
Equity
Informational
Charitable
What do backers ALWAYS get in return for backing a company doing equity crowdfunding?
Tax deduction
A product, tickets to a show, or other tangible rewards
Shares in the company
Personal thank-you
All of the above
Why might someone use or turn to crowdfunding?
To launch a new company
To fund a project that they want to complete
To advance their personal career
All of the above
The largest single source of funding for most reward-crowdfunding campaigns is:
Professional investors
Strangers
Community
Family and friends
Of the following projects, assuming they are similar in every other way, which of is most likely to succeed?
A project pitched at a community in which the creator is a respected member
A project pitched at a community the creator is a peripheral member
A project pitched at a community that is not clearly defined
A project pitched at a community in which the creator has done extensive research, but is not an active part
What types of crowdfunding do Indiegogo and pitchIN support?
Equity crowdfunding only
Reward crowdfunding only
Reward and loan crowdfunding
Reward and equity crowdfunding
What type of crowdfunding is GoFundMe?
Charitable
Reward
Patronage
Loan
What is a downside to raising money from friends and family?
Friends don't care if you succeed
It can be a large emotional investment
Friends have to be paid back if your project fails
It is illegal
