As I mentioned in the introduction, in 2005 journalist Jeff Howe coined the phrase “crowdsourcing.” Howe, along with his editor from WIRED Magazine, Mark Robinson, realized that businesses were soliciting on the Internet and outsourcing work to different individuals. Howe and Robinson came to the conclusion that those businesses wereContinue Reading

In my research I have discovered that there are different models of crowdfunding. The platform wasn’t always called “crowdfunding.” In the early days (2005), it was called “crowdsourcing,” dully named by journalist Jeff Howe in an article he wrote for Wired Magazine (Wikipedia, 2015). The initial definition of crowdsourcing wasContinue Reading