They discuss two different ways of raising funds through crowdfunding - advanced order/debt funding and equity release. Sam explains how it works as per Dragon's Den and Austin raises his concerns over the lack of due diligence.
They review what the FSA says about the risks for investors and also the team discuss the risks facing the business owner. They discuss the likelihood of a USA type class action, and also the very public failure crowdfunding participants could face online.
Austin touches on 2 examples of successful crowdfunding - one very recent and another one successfully delivered before people had even heard of the term 'crowdfunding'.
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