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Crowfunding

            By L.A. Lorek
         Silicon Hills News
              BlogItSA!
Sponsored by Geekdom, ZippyKid and
         SiliconHills News
Kickstarter
Kickstarter, founded in 1999, reported more
than 2.2 million people pledged a total of
$319.7 million to fund 18,109 projects in 2012.
IndieGoGo
RocketHub
RocketHub
The average contribution on RocketHub is $75
Most projects last between 30 to 45 days
The Fundraising sweetspot is between $3,500
and $35,000
Three Pillars to Success
• 1. A great project
• 2. Strong network of supporters
• 3 Cool goods in exchange for a financial
  contribution
GetFunded
CrowdCube in the U.K.

CrowdCube in the United Kingdom launched in
2010 and finances, on average, $88,000 per
company.
But only 7 percent of the companies seeking
investment are successful.
CircleUp
• CircleUp launched in mid-2012, and has
  already invested $7.5 million in eight deals
  into privately held consumer and retail
  companies. CircleUp, based in San Francisco,
  deals with accredited investors only and that’s
  why it’s able to do equity-based
  crowdfunding.
How to Succeed?
The secret to success is to have an awesome
project spearheaded by real people who ae
passionate.
If You Crowdfund
• Protect Yourself from Lawsuits
• Make sure to incorporate your business
• That places the liability on the business and
  not you personally in case the business or
  project fails.
Tap into Your Social Network
Crowdfunding
Crowdfunding

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Crowdfunding

  • 1. Crowfunding By L.A. Lorek Silicon Hills News BlogItSA! Sponsored by Geekdom, ZippyKid and SiliconHills News
  • 2. Kickstarter Kickstarter, founded in 1999, reported more than 2.2 million people pledged a total of $319.7 million to fund 18,109 projects in 2012.
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  • 10. RocketHub The average contribution on RocketHub is $75 Most projects last between 30 to 45 days The Fundraising sweetspot is between $3,500 and $35,000
  • 11. Three Pillars to Success • 1. A great project • 2. Strong network of supporters • 3 Cool goods in exchange for a financial contribution
  • 13. CrowdCube in the U.K. CrowdCube in the United Kingdom launched in 2010 and finances, on average, $88,000 per company. But only 7 percent of the companies seeking investment are successful.
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  • 15. CircleUp • CircleUp launched in mid-2012, and has already invested $7.5 million in eight deals into privately held consumer and retail companies. CircleUp, based in San Francisco, deals with accredited investors only and that’s why it’s able to do equity-based crowdfunding.
  • 16.
  • 17. How to Succeed? The secret to success is to have an awesome project spearheaded by real people who ae passionate.
  • 18. If You Crowdfund • Protect Yourself from Lawsuits • Make sure to incorporate your business • That places the liability on the business and not you personally in case the business or project fails.
  • 19. Tap into Your Social Network