# Prof. Jason Greenberg discusses the crowdfunding of medical expenses

1 Faculty News April 23, 2015 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](http://www.marketwatch.com/story/this-olympian-crowdfunded-his-unexpected-health-costs-2015-04-23) -- "Crowdfunding for medical costs isn’t a new phenomenon per se. Communities have long rallied around people in need, whether that’s a house of worship taking up a collection for a grieving member or a school holding a fundraiser for a sick student. Indeed, helping 'has always been network-based,' said [Jason Greenberg](http://www.stern.nyu.edu/faculty/bio/jason-greenberg), assistant professor of management at NYU Stern School of Business. Before the Internet, it was just done on a much smaller scale."

[Read more](http://www.marketwatch.com/story/this-olympian-crowdfunded-his-unexpected-health-costs-2015-04-23)