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Crowdfunding News 8/31


Crowdfunding News 8/31/12
 
Crowdfunding: Kickstarter vs. IndieGoGo
Huffington Post
If you're going to start a crowdfunding campaign you will inevitably come to the point where you will need to decide what platform to use. For my first project for my book series, I ended up raising over $35,000 on my own, without either Kickstarter or ...
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Whatever happened to crowdfunding?
Mass High Tech
When President Barack Obama signed the JOBS Act on April 5, including its provisions to allow for crowdfunding, I couldn't wait to see what effect the bill would have on the startup companies I write about every day. Unfortunately, I had to wait. I ...
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Mass High Tech
Watsi Is Using Crowdfunding To Treat The 1B+ Worldwide Without Access To ...
TechCrunch
... high-impact treatment for those who lack access to necessary care. Drawing on the recent explosion of crowdfunding, Watsi is applying a familiar model to a space in which crowdfunding is more unfamiliar: Global healthcare. While there are health ...
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Crowdfunding: Portuguese Artists in Survival Mode
PRI's The World
Luís Tinoco, a classical music composer in Lisbon, successfully tapped Portugal's first Internet crowdfunding network to raise the final few thousand euors needed to complete his first CD. (Photo: Monica Campbell). As Europe's economic crisis drags on, ...
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PRI's The World
Austin projects that collect Kickstarter capital
Bizjournals.com (blog)
Kickstarter Inc. officials say Austin is the seventh-most active U.S. city using its crowdfunding model to launch projects. Fifty-three local projects are seeking funding from Kickstarter, company officials said. Local entrepreneurs have secured ...
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Drown casts Matt Levett, launches crowdfunding campaign
Inside Film
Local feature film Drown has cast Matt Levett in the lead role and has launched an online crowd-funding campaign. The low-budget film, which will tackle themes of bullying and homophobia, aims to raise $100,000 in 65 days via Indiegogo. Levett is ...
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Crowdfunding Accounting 101 - Revenue Recognition in Crowdfunding

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Top 50 Crowdfunding Campaigns

The chart below results from an analysis of the Top 50 crowdfunding campaigns on Indiegogo, 'Top' measured by total dollars raised. The X axis shows the dollar amount of the reward or  perk ($1 to $10, $11 to $20, etc.) The Y axis shows the cumulative number of rewards/perks collected across all 50 campaigns, so the chart shows that, for the top 50 crowdfunding campaigns on Indiegogo, 100,000 rewards/perks with a  value ranging from $1 dollar to $10 dollars were selected by supporters.  Normally, we might expect this chart to be convex, declining steadily from $1 to $5000. This is not what we see, however. It seems that people are willing to donate small dollar amounts, up to about $50, and then contributors look to donate at least $100. What's going on here? To explain this phenomenon, classify backers into two categories: 1. The first category are people who simply want to help. They donate less than $50 dollars and do not donate for the reward (normally a T-shi...