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It absolutely is free capital, in the same way that a 0% interest bank loan would be free capital. You don't have to give any interest, any equity, or any colla
by ponker 6y ago
It absolutely is free capital, in the same way that a 0% interest bank loan would be free capital. You don't have to give any interest, any equity, or any collateral in case of failure. How much freer does capital get?
- tomhoward 6y agoReputation has a value, and companies/founders who fail to deliver on a crowdfunding campaign incur a huge reputational cost. Investors are far more willing to support founders after an earlier failure than crowdfunding customers are after an unfulfilled campaign.