A friend of mine started a Kickstarter project, raised $94,000 in a week
- Thread starter zxvff
- Start date
One of those is a lawsuit, one is not.
My mistake, one person has been sued, which apparently == many, rofl.
Possibly because you never asked that question.
Kickstarter is a weird space
Check this out:
PCGamingWiki - a new game fixes project by Andrew Tsai — Kickstarter
Now this is the interesting bit:
What funding will pay for
To translate
This hustle got him over 2'000£
Sure, there is some swag to be given away, but still...
Also, that fucking shit site is badly monetized (and they are raising money again)
One idea - how about a fucking BUY link for each game?
::emp::
Check this out:
PCGamingWiki - a new game fixes project by Andrew Tsai — Kickstarter
Now this is the interesting bit:
What funding will pay for
- £500 will go towards funding a series of at least x15 high quality articles on brand new games, which will be sourced at up to £30 each
- each article will be based on a major PC game release that will be carefully assessed and chosen
- a nominated member of our editing team will thoroughly write, test and seed a high quality game fixes article
- every completed article will be released onto PCGamingWiki for free
- the community will be able to keep the article up to date, as new mods, patches and fixes are developed
- increased traffic and visibility will encourage more people to turn to PCGamingWiki to fix their games.
To translate
- 500£ for articles - 15 of them
- - NON item - just a description what each article will be on
- ONE article written by an existing member of the team
- Every article will be published ?? non item..
- Editabel by the community - non item... this is a wiki after all
- more traffic.. non item
This hustle got him over 2'000£
Sure, there is some swag to be given away, but still...
Also, that fucking shit site is badly monetized (and they are raising money again)
One idea - how about a fucking BUY link for each game?
::emp::
Do you think Kickstarter would be viable in launching a clothing / charity company through this page?
Feel like I could get some funding. Basically would be creating apparel / accessory's that represent different charities. Eventually would like to hold my own show / event if enough traction is built. I'd be willing to work on this equally with a partner if any of you have good suggestions. Thanks.
www.facebook.com/LasVegasEDC
Feel like I could get some funding. Basically would be creating apparel / accessory's that represent different charities. Eventually would like to hold my own show / event if enough traction is built. I'd be willing to work on this equally with a partner if any of you have good suggestions. Thanks.
www.facebook.com/LasVegasEDC
It's much harder to raise stuff like that than it was a year ago. The important factors to a successful kickstarter are (imo):
- How accessible your target market is online
- How responsive people are to your product upon hearing about it. (How likely are they to click on your link?)
- The quality of your gimmick (competitive advantage) combined with your pitch. We had a great video made specifically for our crowdfunding campaign and we put a stun-gun on an iphone.
Study other successful campaigns and see what they did and didn't do.
Crowdsourcing is just getting started. I mean in the lifetime of this thread the guy went through the $100k mark - in retrospect he may have underestimated his appeal. Happens a lot. (And compare that to the occasional WFer who begs the board for a few hundred)
The viral/fad angle might seem "last year" already, but the larger implications of crowdsourcing is in its infancy.
1) I recently met the founder of RocketHub.com - and he's been the crowdsourcing liason to Congress, he's been presenting/advising them and still has work to do there. Nice guy.
Interestingly, he said almost law that when a project reaches 25% of its aim, that it's easy sailing from there. Psychology is at play, people don't want to contribute to empty tanks.
2) The industry is vested in the enacting of the JOBS Act, a bipartisan law passed by Congress last year (and still swallowed up by SEC regulation) - at some point crowdsourcing will mean transfer of equity. The implications for that development is HUGE.
3) JOBS Act Title 3 deals with crowdfunding. JOBS Act Title 2 deals with the lifting of the ban on hedge fund advertising/marketing.
Though hardly as big a story as Title 3, that's my primary focus. I have considerable reach in the hedge fund world - and even more in the fund of funds world (funds financing hedge funds.)
If anyone is interested in this niche (and I fucking hope that with $2.4 trillion of assets under management suddenly being able to advertise interests you) please PM me. I'm looking for a wide network of contacts in the digital space.
4) I'm also part of a startup, an investment banking portal matching deals to investment capital (field is generally referred to as capital introduction) sourcing is HUGE deal here - and JOBS Act implications loom big here, too.
5) Suddenly_Ass has a tremendous tumblr. I might take it to dinner and get it drunk.
You are correct.
What I was refering to "last year" is the closthing businesses and "causes". They are lot harder to pass off and between new policies and educated consumers, people are more shrewed in their analysis of which projects to fund than before.
KS has had a few eggs smashed on their face and have started enforcing requirements on the companies better suited for the consumers.
I anticipate a rise in overall funding of these projects especially as the success stories become more prevalent (I hope to be one of them).