an idea turn into a reality, the first component needed is capital. Depending on the scope and complexity of the crowdsourced project, the amount of necessary capital can range from a few thousand dollars to hundreds of thousands, if not more. The capital-raising process can take from days to months depending on different variables, including the entrepreneur's network and the amount of initial self-generated capital. The crowdsourcing process allows entrepreneurs to access a wide range of investors who can take different stakes in the project. As an effect, crowdsourcing simplifies the capital-raising process and allows entrepreneurs to spend more time on the project itself and reaching milestones rather than dedicating time to get it started. Overall, the simplified access to capital can save time to start projects and potentially increase the efficiency of projects. Others argue that easier access to capital through a large number of smaller investors can hurt the project and its creators. With a simplified capital-raising process involving more investors with smaller stakes, investors are more risk-seeking because they can take on an investment size with which they are comfortable. This leads to entrepreneurs losing possible experience convincing investors who are wary of potential risks in investing because they do not depend on one single investor for the survival of their project. Instead of being forced to assess risks and convince large institutional investors on why their project can be successful, wary investors can be replaced by others who are willing to take on the risk. Some translation companies and translation tool consumers pretend to use crowdsourcing as a means for drastically cutting costs, instead of hiring professional translators. This situation has been systematically denounced by IAPTI and other translator organizations. Increased number of funded ideas The raw number of ideas that get funded and the quality of the ideas is a large controversy over the issue of crowdsourcing. Proponents argue that crowdsourcing is beneficial because it allows the formation of startups with niche ideas that would not survive venture capitalist or angel funding, which areoftentimes the primary investors in startups. Many ideas are scrapped in their infancy due to insufficient support and lack of capital, but crowdsourcing allows these ideas to be started if an entrepreneur can find a community to take interest in the project. Crowdsourcing allows those who would benefit from the project to fund and become a part of it, which is one