Describe Crowdfunding .

Students will investigate some of the current crowdfunding sites and present three opportunities in which they would be willing to invest their money or pre-purchase a product. Students will have to draw from three different types of crowdfunding sites: A. A crowdfunding site which allows people to investing in a company with equity. B. A crowdfunding site which allows people to lend entrepreneurs money. This can also be described to as peer to business lending. Note, this is not peer to peer lending where one person lends someone money so they can buy a stereo. C. A site which you can pre-purchase a product. Students will prepare a five to nine-page report discussing the following:1.The product/company they selected to invest in or pre-purchase the product. Students should explain why they selected the company and/or product. Students should explain what made the company interesting to them and why they think this product or company will be successful.2.Students should consider the market potential for the product, advantages the product or company has, potential competition and other factors.3.Link to the site.4.Students should conclude the report with a one to two-page reflection where they can discuss what they learned in completing the assignment, how entrepreneurs are using crowdfunding, the types of pitches entrepreneurs are using and so forth.