So you have an idea for a great app. What now? You need capital to get started with development. A bank is an option, but you’d probably get laughed at when you explained your idea. Apps are very high risk ventures. You could try Kickstarters. But you’d probably be drowned out by all the movies and bands looking for funding.
Now there’s Fundageek. This site focuses entirely on connecting micro-investors with projects. One aspect of the IT world that can really benefit from crowdsourcing is open source software. Small groups and individuals can now seeking funds for working with open source.