12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Venture capital is a form of financing in which investors put money into a company or project with the expectation that they will take a higher risk but also earn a higher return than other forms of investment. These investments are typically made over a longer period of time, which means they carry more risk than other investments.
12/09/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Crowdfunding is a type of funding where many people donate small amounts of money to a project or business to support it. These donations can be made through an online platform or in a traditional way. Crowdfunding allows people around the world to invest money in a business or project without the need for a traditional bank account or loan. For those who invest money in the project, there is often some sort of consideration, such as a product or service.
12/08/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A referral program is a type of marketing strategy where companies offer rewards to their customers when they refer new customers. These rewards can be offered in the form of discounts, gift cards, or even cash. These programs are a great way to attract new customers and spread the word about a business.
12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Fundraising is the process of raising funds from an organization, group or individual for a specific project, campaign or program. There are various ways to raise funds for a project, such as through donations, sponsorships, events, crowdfunding, or the sale of merchandise. Fundraising can be done privately, publicly, or through a combination of both.
12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
No, Bitcoin is not a pyramid scheme. A pyramid scheme is an illegal pyramid scheme in which money is collected from investors by recruiting new investors, who in turn recruit new investors, and so on. Bitcoin is a digital currency that is built and backed by a decentralized network and whose value is determined by supply and demand.