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April 2, 2024

St. Louis Inno Partnership: Is Crowdfunding Right for Your Startup? Pros and Cons of the Popular Funding Strategy

As startups continue to feel the effects of venture capital pulling back their investments, they still require funding to extend their runway. Crowdfunding is an attractive strategy for founders seeking alternative funding methods. Anders Tax Manager Max Goewert, CPA, broke down the different campaign types and shared valuable tips for startups considering crowdfunding for the St. Louis Business Journal’s INNO platform.

Max describes the four main types of crowdfunding and explains how startups can determine which platform will help them connect with their target audience. He writes,

Crowdfunding is a way to get the resources your startup needs to meet its growth or production goals. Knowing which platform, the type of crowdfunding and the rules involved can help early-stage startups overcome the challenges and find the funding they need.

Max Goewert

Read the article to learn more about the insights Max shared to help startups increase their crowdfunding campaign success: Is Crowdfunding Right for Your Startup? Pros and Cons of the Popular Funding Strategy.

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