- Kickstarter allows crowdfunding by letting people donate to projects they find interesting.
Crowdfunding
noun; compounding
Sourcing small amounts capital from multiple people using the internet.
Etymology : From the words “crowd” and “funding”.
Source : NYT, 25 September 2011, http://www.nytimes.com/2011/09/26/opinion/a-proposal-to-allow-small-private-companies-to-get-investors-online.html
Last modified: 4 December 2011