I wonder if people really know what the definition of crowd-funding is. Or, if there's even an agreed upon definition of what it is.
Sentiment: NEGATIVE
I think we really feel like Crowdrise could be something that, 20 years from now, people take for granted because that's just how you do it, like if you're going to raise money for something, that's how you do it.
While the revolution will be certainly televised, it strikes me that there is a strong possibility that the revolution will also be crowd-funded.
Most troublesome is the legalization of 'crowd funding,' the ability of start-up companies to raise capital from small investors on the Internet.
If each of us is to feel that he or she is valued, this calls for more than public funding.
My personal fascination with the power of the crowd has been growing: Exactly what can a 'crowd' accomplish? We know crowds can raise billions of dollars, create Wikipedia, and even design and build small autonomous drones. But how about something large and complex like designing a new car, and maybe someday even a spaceship?
The reality is that asking the public to fund political campaigns accomplishes nothing. Candidates continue to seek interest-group support through other channels, both financial and in-kind, and corruption problems abound.
The 'wisdom of the crowds' is the most ridiculous statement I've heard in my life. Crowds are dumb.
Corporations are not people. They shouldn't be funding. They shouldn't be funding campaigns at all.
Crowdfunding as an idea itself isn't new - bands have been doing it since the dawn of time.
Anytime there's an actual grassroots movement that isn't funded by people trying to create a grassroots movement, I find that interesting.
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