Question: Using Kick starter, Robert raises $10,000 to launch a new product line for his kitchen supplies business. The only thing Robert offers the contributors is

Using Kick starter, Robert raises $10,000 to launch a new product line for his kitchen supplies business. The only thing Robert offers the contributors is a free apron for every $50 donation. He offers a set of kitchen knives for a $1,000 donation. This is an example of which crowd funding model?

1)

Donation-Reward Model

2)

Lending-Based Model

3)

Donation-Equity Model

4)

Equity-Based Model

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ANSWER D EquityBased Model The equityBased model is a way of raising money to finance projects and b... View full answer

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