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Alec Lynch, the founder and CEO of DesignCrowd, was recently named Emerging Entrepreneur of the Year in the Eastern Region by Ernst & Young. While working as a...

Crowdsourcing – or involving multitudes of people in a project – is not as new as many might think. For decades, much before the Internet came into being, The Oxford English Dictionary was driven by thousands of people writing in with word suggestions, etymology, usage and more. In more recent times, the human genome project used crowdsourcing, and leveraged the computing power of thousands.

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Liz Wald is Vice President of International for Indiegogo.com. She has been terrifically successful raising funds through the crowd model.  One of her successes...