Question

Maurice wants to make a documentary film on the unequal distribution of money in the world and its effect on different social classes. Instead of approaching a production house, he creates a website for the project where he pitches his idea through a short video and requests the viewers to donate any amount of money to cover the production cost. In the given scenario, which form of raising capital is Maurice using?

Answer 1

This sounds like crowd-sourcing. Crowd sourcingm usually involves presenting a short business plan online and asking people to invest in the idea for either equity or special access to the product.

Think of gofundme.com