What are the risks of crowdfunding?
An example of an AI chatbot conversation about the risks involved in crowdfunding.
What are the main risks associated with crowdfunding?
The main risks include project failure, lack of funding, and potential legal issues.
Can you explain how project failure can happen?
Project failure can occur due to unrealistic goals, poor planning, or inability to deliver on promises.
What about the risk of not getting enough funding?
If a project doesn't reach its funding goal, it may not receive any funds, leaving creators without resources.
Are there any legal risks I should be aware of?
Yes, legal risks can include intellectual property disputes and failure to comply with regulations.
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