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July 30, 2013 01:00 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/FfgTRlborWg/
How to Minimize Risk When Crowdfunding on Kickstarter
To date, more than $680 million has been raised on Kickstarter, as crowdfunding becomes an increasingly viable option for startups to raise much-needed funds without the help of VCs, angels or banks.
For a young, bootstrapping startup, crowdfunding is often seen as fast money that will help you build out the product or app you and your team have always dreamed about. Whether or not a project ultimately reaches its funding goals, it’s still relatively quick and easy to post your pitch and see what happens.
However, amid all of the hype and excitement surrounding crowdfunding, some of the less glamorous (but extremely important) aspects of running a business often go overlooked — particularly taxes and liability Read more...
More about Features, Business, Crowdfunding, Kickstarter, and StartupsOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/FfgTRlborWg/
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