Tuesday, June 30, 2015

Crowdfunding

It is not usual that a newspaper uses a word more than once in headlines in a day's copy.

The Times of India did that in the issue dated July 1, 2015 (I noticed it in Pune edition). On page one second lead, we read a headline:
Ignored by govts, villagers
Crowdfund Rs. 1 crore bridge

Then. on page 14 of the same issue, we have the following headline:


Briton launches crowdfunding
rescue mission, raises $72,000
The website dictionary.com, tells us that 


Crowdfunding is the activity or process of raising money from a large number of number of people, typically through a website, for a project or small business. 
In case of story of the first headline, there was no website involved. Story under the second headline, however, it was online crowdfunding.

The headlines attracted my attention also because, the word crowdfunding is of recent origin, perhaps between year 2005 and 2010. 
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