In my view, crowd funding will continue to evolve. And perhaps someday become a significant asset class for people with a little bit of cash, which they are willing to play around with in a high-risk – high-return investment.
For crowd-funding to mature and become a popular investment option, there will have to a greater awareness of entrepreneurship and that the only way the game can be played is to invest in many, of which only a few would survive and may be one or two would give you disproportionate returns that justify the investment.
As investors start getting more aware and accepting of the failure rates, crowd-funding will start getting wider acceptance.
I do not agree with some comments that a few early successes will drive the growth of crowd-funding. At least I hope that a few early-successes are not the reason for many people jumping in to fund through crowd-funding platforms. Because there will be more failures than successes in startups. Investing in startups because you missed a few success stories is almost always the wrong reason to invest in startups.