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Why crowd-funding( By the people, for the people) is not so popular in Asian countries ? What are the inherent risk involved with such funding?

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Question added by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants
Date Posted: 2015/07/25
Mohammed Asim Nehal
by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

The use of small amounts of capital from a large number of individuals to finance a new business venture is called Crowdfunding. It is mostly done via internet. 

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