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Patrick Schofield: "Crowdfunding – There Art Thou, Innovation"

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The different kinds of crowdfunding and how they have exploded the world of start-ups.

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Patrick Schofield: "Crowdfunding – There Art Thou, Innovation"

  1. 1. Crowdfunding: There art thou, Innovation
  2. 2. Connecting the Curious with the Courageous www.Thundafund.com
  3. 3. Start the #CrowdConvo! www.thundafund.com Facebook.com/Thundafund @Thundafund | #CrowdConvo Thundafund.wordpress.com www.Thundafund.com
  4. 4. Crowdfunding?!?
  5. 5. Crowdfunding is small amounts of cash collected from a large amount of people which adds up to enough to fund something Significant.
  6. 6. A quick look back at History...
  7. 7. www.Thundafund.com
  8. 8. Volume of Funds Raised Source: Massolution CFR2015
  9. 9. What brought on this Change..?
  10. 10. Image source: imoneybuzz.com
  11. 11. Crowdfunding Platforms: Websites which cater for all aspects of a crowdfunding campaign, from sharing the story to safe distribution of payments
  12. 12. Types of Crowdfunding Donations-Based: Equity: Lending: Rewards-Based:
  13. 13. • Rewards-Based www.Thundafund.com
  14. 14. www.Thundafund.com
  15. 15. Kickstarter Campaign #1 US$10,266,845 Kickstarter Campaign #2 US$20,338,986 Pebble
  16. 16. Where does the Money come from..?
  17. 17. The X-factor
  18. 18. Risks of Crowdfunding ● Fear & fraud ● IP – Thou shalt not steal ● The hourglass runs ● Bored Panda ● Huh ? Personal Risk: ● Opportunity Cost ● Half way for babies ● The whole world is watching
  19. 19. Advantages of Crowdfunding ● Pre-sales… Pretail! Grow your audience ● Yes, it’s a good idea ● I can do it ● Debt free & it’s mine ● All mine own work ● Keep control ● What Horizon ? ● The Chance to Access Funds
  20. 20. § A specific project or idea that you need funds raised for. § A realistic, suitable and defined crowdfunding goal. § A set time-limit suitable to your campaign goal. § Between 5 – 10 unique project-related rewards, Building a Campaign - You need...
  21. 21. Am I right for Crowdfunding? • Have a clear idea • Returns for pledges • I know it so well • Been there, done that I have the Resources: • Time • Courage, Curiosity and a Crowd • Friends 2 help • Access to Internet • A small budget e.g. for Facebook boosting
  22. 22. www.Thundafund.com Preparation Campaigning Post-Campaign The Thundafund 3 Steps Post-Campaign Recommended Timing* 60 days* 30 days* 60 days*
  23. 23. Xièxiè patrick@thundafund.com 072 3100198 www.thundafund.com Facebook.com/Thundafund @Thundafund | #CrowdConvo Thundafund.wordpress.com
  24. 24. Xiaomization http://techcrunch.com/2015/11/22/the-state-of-hardware-for-2015/
  25. 25. Cape Town’s First Chocolate Café www.thundafund.com/honestchocolate • Idea: • Rewards:

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