Over the past years crowdfunding emerged as an alternative funding channel for entrepreneurs. In contrast to … traditional financiers (banks, venture capital firms or angel investors), crowdfunding allows individuals to fund entrepreneurs … directly even with small amounts. We received individual-level data from Startnext, the biggest crowdfunding platform in …

and failed capital procurement through equity-based crowdfunding. We conduct an empirical analysis using entire … crowdfunding projects that attempted to raise capital through equity-based crowdfunding in South Korea in 2016. We summarize our … employment growth, and employment growth rate of companies with successful crowdfunding are higher than those of companies with …