Crowdfunding: What Every CFO Should Know

Don Minges, MBA, The Numbers Guy CFO, LLC

The internet provides several new ways to raise money. These methods, called crowd funding, allow organizations to raise money through donations, pre-sales, debt and equity, often from large numbers of people. Crowdfunding is getting easier due to emerging regulations the JOBS act provides. While not appropriate for all organizations, crowdfunding has no shortage of success stories. However, risks, advantages, disadvantages and costs exist. This session provides a crowdfunding overview for finance professionals who want to learn about this financing method, including key considerations for each crowdfunding type.