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Crowdfunding's Slippery Slope

Something has gone very right and very wrong with crowdfunding. By now we're all familiar with it -- the open platform that solicits contributions or tiny investments from the 99 percent to fund creative projects, philanthropic endeavors, R

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Crowdfunding's Slippery Slope

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  1. Crowdfunding's Slippery Slope

  2. Something has gone very right and very wrong with crowdfunding.

  3. By now we're all familiar with it -- the open platform that solicits contributions or tiny investments from the 99 percent to fund creative projects, philanthropic endeavors, R&D and your band's music video.

  4. In 2012, crowdfunding raised $2.7 billion and that's expected to practically double this year to $5.1 billion, according to Massolution. That's about a quarter of what the U.S. venture capital industry raises annually.

  5. We all know someone who's used Kickstater, Indiegogo or RocketHub.

  6. In May, Zach Braff, star of the NBC sitcom Scrubs, raised $3.1 million to fund a follow-up to his indie film, Garden State.

  7. Rob Thomas raised $2 million in one day for a film version of his Veronica Mars.

  8. Then there was James Franco who wanted half a million dollars for a series of small feature films (he raised $328,329).

  9. Read Full Story: http://www.huffingtonpost.com/tom-silva/crowdfundings-slippery-slope_b_3734325.html

  10. Read Another story’s of filmmaker and fundraising : http://fundraisingscript.com/Kickstarter-A-brooding-ground-for-filmakers.php

  11. Thanks for Watching & Visit us @ www.rockersinfo.com

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