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Crowd funding for big projects and big money
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Crowd funding for big projects and big money



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  • 1. 1Crowd Funding for Big Projects and Big Money !People seeking to raise funds ask me often if crowd funding could be suitable for big projecthaving important budget. My answer is to say ...."It depends on your ability, the ability of your project to be loved by the crowd!"But until now, I did not have any example of a big project having raised big money!Here you have a record of funds raised by crowd funding (with the support of the crowd fundingwebsite Kickstarter): US $1,33 million!Take a look at: another Kickstarter record: with US $1,8 million raised with an intialgoal of $100,000!Here another record of funds raised (with the support of the crowd funding websiteCrowdcube): £1 million (= US $1,587 million)!Take a look at: French company IntuiLab holds the French record of funds raised by Crowd funding (withthe support of the Crowdfunding website Wiseed): €1,2 million (= US $1,6 million)!From 2009 to now (march 2012), Wiseed has raised €5,89 million (= US $7,3 million) for19 French startups!Here another example (maybe the current world record) of funds raised by crowd funding: £2,2million (= US $3,49 million)!!!!Take a look at: and Massoudi / Consultant Strategy of Innovation / /
  • 2. 2Another example: The “Iron Sky” film project: producer is currently raising funds by a mix strategy: 1) Crowd funding (fans support the project by money donation and get goodies and rewards) 2) Crowd mirco-investing (fans can become co-producer by investing and hope to have royalties on future revenues) 3) Secured financing (classical way to get funds for film such as banks, grants, partners …) Concerning the Crowd funding strategy, Iron Sky has already obtained €666,770 towards the goal of€900,000! The total budget (1+2+3) of this film project is €7,500,000.More about crowd funding: Massoudi / Consultant Strategy of Innovation / /