DIAGRAM: A new type of crowdfunding

April 10, 2013 | 5:21 p.m. CDT
CrowdIt, a new Springfield-based crowdsourcing company, is looking to expand the traditional model of Web-based crowdsourcing. Founder Jason Graf says that allowing the Internet community to provide their expertise as well as their money will help keep inexperienced project managers from failing as easily. The flow chart below illustrates the different models of crowdfunding.