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4 ways crowdfunding can
make your creative project succeeed
Heri Rakotomalala
@heri

@seedingfactory
jeudi 21 novembre 13
Heri Rakotomalala
heri@seedingfactory.com
Twitter: @heri

Bruno Rakotozafy
bruno@seedingfactory.com
Twitter: @brurakoto

@seedingfactory
jeudi 21 novembre 13
@seedingfactory
jeudi 21 novembre 13
StartupStache is a initiative started by the startup
community to help bring awareness to prostate cancer.
Link : startupstache.com
@seedingfactory
jeudi 21 novembre 13
crowd·fund·ing
kroudˌfəәndiNG/
noun
ˈ

the practice of funding a project or venture by
raising many small amounts of money from a large
number of people, typically via the Internet.

@seedingfactory
jeudi 21 novembre 13
Crowdfunding
Joseph Pullitzer
the Statue of Liberty
@seedingfactory
pedestal
jeudi 21 novembre 13
@seedingfactory
jeudi 21 novembre 13
@seedingfactory
jeudi 21 novembre 13
Did you know?
•
•
•
•
•

44% success rate on Kickstarter

•

$5.1 Billions in 2013 ; 81% increase

56% of contributions come from Facebook
11,498 successfully funded music projects
Average: $5000 raised
18 video games projects raised more than $1million
on Kickstarter

@seedingfactory
jeudi 21 novembre 13
Montréal, Canada
• Indiegogo & Kickstarter expanded their
business to Canada

• Crowdfunded Montreal film “Buzkashi
Boys” was Oscar nominated

• Montreal: Sauropod Games got $700k for
their game “Castle Story”
@seedingfactory
jeudi 21 novembre 13
1 - Proof of concept

jeudi 21 novembre 13
• Check if your assumptions were correct.
• First step to convince more partners later on.
• Assessing the audience size and popularity

@seedingfactory
jeudi 21 novembre 13
Espro Pres

@seedingfactory
jeudi 21 novembre 13
➡ Take away : Not sure about an idea? Use
crowdfunding to validate it

@seedingfactory
jeudi 21 novembre 13
2 - Collaboration

jeudi 21 novembre 13
• Find fans, ambassadors, partners looking to
work with you and then establish valuable
connexions.
• Let you adapt the product/service/concept in
real time.
• Get early feedback

@seedingfactory
jeudi 21 novembre 13
A Year of Adventure

@seedingfactory
jeudi 21 novembre 13
➡ Take away : Use crowdfunding to complete a team
believing in your project

@seedingfactory
jeudi 21 novembre 13
3 - Marketing

jeudi 21 novembre 13
• Every contributor becomes an evangelist
• Good to build a community around your
project.
• You’ll gain highly valuable knowledge about
how to market your product/service/project

@seedingfactory
jeudi 21 novembre 13
Snoobe

From 10 to 880 fans in 2 months
jeudi 21 novembre 13
➡ Take away : use crowdfunding to reach out to your
fans

@seedingfactory
jeudi 21 novembre 13
4 - PR

jeudi 21 novembre 13
• Replace a product/project launch
• The innovative and dramatic aspect of
crowdfunding will help you get more press
coverage
• Social networks help multiply the outreach

@seedingfactory
jeudi 21 novembre 13
@seedingfactory
jeudi 21 novembre 13
@seedingfactory
jeudi 21 novembre 13
➡ Take away : use crowdfunding to get bloggers &
journalists write about your project

@seedingfactory
jeudi 21 novembre 13
1 - Proof of concept
2 - Collaboration
3 - Marketing
4 - PR
(and of course funding!)

@seedingfactory
jeudi 21 novembre 13
• In 2013, we’ve reached a point where with
a simple idea, you can get fans throughout
the world, fund your idea, get support,
simply through online channels.You don’t
have to own a newspaper anymore.

• Passion and authenticity matters even more
• Now is the time. Follow your passion!
@seedingfactory
jeudi 21 novembre 13
Heri Rakotomalala
heri@seedingfactory.com
Twitter: @heri

Bruno Rakotozafy
bruno@seedingfactory.com
Twitter: @brurakoto

@seedingfactory
jeudi 21 novembre 13

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4 ways crowdfunding can make your creative project succeed