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What are the fundamental differences, advantages and disadvantages among limited partnership funds, P2P and crowdfunding?

P2P and crowdfunding are two forms of Internet finance. Limited partnership funds belong to private placement, P2P belongs to bond crowdfunding, and crowdfunding belongs to equity private placement. From the market point of view, limited partnership funds have existed in China for many years, and the market is relatively mature; P2P, which has just entered China, is developing rapidly and diversified, belonging to the intermediary service platform, and is being regulated. Crowdfunding has just entered China for a few years, but its development is slow, and the equity crowdfunding model is also in the trial stage, with great development prospects.