The document discusses crowdfunding and its potential benefits. It defines crowdfunding as conventional finance that pools small amounts of money from many individuals using modern technology. Crowdfunding can be structured as debt or equity and falls into categories like personal, corporate, or public finance. The document argues that crowdfunding can help address dysfunctional capital markets by democratizing access to investing and providing opportunities for businesses and yield for investors. New SEC rules have allowed accredited investor crowdfunding platforms to help connect startups with funding.