Interesting blog post by someone (AFP and The Grand Theft Orchestra) who raised a million on Kickstarter. Read her blog posting for more detail. She describes where the money went: Old bills and paying back bank loans $250,000.00 CD book manufacturing and shipping costs $105,000.00 Vinyl production costs $30,000.00 Art books $80,000.00 Art book production costs $15,000.00 Neil and Kyle books $30,000.00 100 Turntable packages $15,000.00 Arts and Crafts 7 inch packages $30,000.00 Six City Tour $10,000.00 House parties $10,000.00 Art party visual artists $20,000.00 Commissions $150,000.00 Four or five music videos $80,000.00 Kickstarter and Amazon fees $75,000.00 TOTAL $900,000.00 The first thing to note is the first item. What old bills? Bank loans? $250,000? That 25% of the raise . Commissions? $150,000? Most s...
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