How can crowdfunding address the death valley phase in startups?

by SMEBOOK (admin) · January 19, 2021

Crowdfunding is an innovative area which is receiving considerable attention. In India, sites such as Kickstarter, catapooolt provide a good platform for startups. The most notable story of crowd funding was the Kannada movie ‘Lucia’. The movie was funded by close to 100 investors and the director managed to raise ₹51 lakhs in 10 days. With the film earning profits, the investors will be receiving returns on their investment.

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How can crowdfunding address the death valley phase in startups?

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