Crowdfunding has numerous advantages when compared to private equity as follows:
Clearly, leveraging the power of the crowd is a compelling way to raise the capital needed to launch or grow a business. An added bonus: crowdfunding campaigns also build communities and serve as a celebration point for your loyal customers, allowing you to create awareness and accumulate capital as you raise money.
Exponential growth of microfinance.(Most important )
Ability to attract a wide range of investors.
Serves as a marketing channel.
No minimum funding requirement.start from lowest..
Progress of a funding campaign can be easily tracked only.
Little drops of water make a mighty ocean..
Coin, Flic and Sphericam are crowdfunded and set a great example for successfully running a crowdfunding campaign and generating interest.
Disclaimer:per SEBI guidelines, equity-based online crowdfunding is not allowed.