Twenty billion dollars strong and with a double-digit annual growth rate, crowdfunding is a staggering one-third of the venture capital industry, and at near parity with Angel Investing. The power of the crowd goes beyond private investing and also makes a significant dent in the philanthropic sector with eighteen billion dollars donated online in 2015, growing five times faster than the sector as a whole. As crowdfunding displaces deep pockets, will this tectonic shift result in more social enterprises and more accountability or will we just witness more of the same?

by Luis J. Salazar

Read the source article at l j salazar consulting