Is crowd funding the VC for the masses, finally? Crowd funding enables — through a collective cooperation of a network of investors — pooling capital and other resources to seed initiatives, startups, expansions, etc.
Banks in the Muslim world do not lend without collateral, as an idea or early stage development company is too risky, too small to fund or the business model does not fit the financing criteria. Thus, venture capital does not exist in OIC in a meaningful manner. Furthermore, how many stories from the Muslim world about investing in the “next big thing” in Silicon Valley VC funds?……………………………………….Full Article: Source