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Tuesday, June 12, 2012

Crowdfunding


I happened to find my way to Kickstarter, where you can post projects and request funding from the world online.

Many people think that you have to go to the big corporations, a bank, venture capitalists or the SBA (U.S. gov's Small Business Admin) to get the money to start a new company.  Unfortunately, the more ground-breaking (think edgy) the idea, the less likely traditional sources will fund it.

But now there's crowdfunding.

Here are two examples of excellent projects.  View the videos to get a better idea of  how crowdfunding is pitched and how to contribute.

  • XOXO Festival by Andy Baio (Waxy.org):  Andy calls the festival "a celebration of disruptive creativity."




-- Marge


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