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A worker who is very competent at fixing computer problems gets a reputation as the office's fix-it guru for everything. Soon, colleagues are approaching this worker whenever there are problems with the photocopier, the air conditioning or the adjustable office chairs. This is an example of:
Crowdsourcing
The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, typically from an online community.
Startup Capital
Initial funding used to launch a new business or enterprise, covering costs such as operations, marketing, and product development until the business generates its own cash flow.
Sharing Economy
An economic model defined by the sharing of assets or services among individuals, usually facilitated by a community-based online platform.
Venture Capital
A form of private equity and financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.
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