This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

The World’s Bank: How Crowdfunding is Disrupting Old Banking

Reid Hoffman gets his typewriter out and pens an interesting piece on crowdfunding along with his friend and Chairperson of Kiva.org Julie Hanna

One of the best ways to fuel widespread prosperity is by helping Main Street invest in itself. Crowdfunding relies on the wisdom of crowds to identify fund and unleash entrepreneurial innovation far more efficiently than the credit rules of banks can. Call it the emergence of a “world's bank” – a system built by and for the people, delivering credit in America and across the globe in a radically decentralized, highly scalable, and crucially equitable way.

Tags

crowdfunding