A crowdfunded [[🔎 Entrepreneur]] is an individual or team that launches a business venture or project by raising financial support from a large number of people, typically through an online platform. This approach allows entrepreneurs to gather funds directly from their future customers or supporters, often in exchange for early access to products, services, or equity. Unlike traditional funding methods, [[crowdfunding]] provides validation of the concept by the market, enables capital acquisition without taking on debt or giving up large equity stakes early on, and fosters a [[Community]] of advocates for the business. ## Prominent examples: - [[Palmer Luckey]]: [[Oculus VR]]