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He has observed a pattern in crowdfunding .
It hopes crowdfunding will circumvent these obstacles and create new opportunities.
He says crowdfunding relies on "networking, good contacts and a good product".
Crowdsourcing and crowdfunding could, in theory, occur without the internet, but "it certainly helps to accelerate the process".
As crowdfunding has matured from a series of one-off efforts into something reproducible, the money has followed.
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