Crowd(funding) Control

Your extra $10 is more powerful than you think, thanks to the booming trend of crowdfunding. Instead of one person giving $10 million to a cause, now a million people with $10 can do a lot of good. Joe Bailey, a research associate professor of finance and executive director of the QUEST honors program, walks us through how pooling our money can turn a mini-investor into a movie producer, a banker, a mortgage lender, a venture capitalist or a philanthropist.