I love huntin’ through data to find the weird little trends; it’s how you learn how things actually work. I also really, really dig the concept of crowdfunding. Put the two together, and you’ve got my attention.
During a chat with John Biggs at last years at Disrupt Europe, Indiegogo CEO Slava Rubin dropped a rapid fire stream of knowledge. If you’re considering doing any sort of crowdsourcing campaign, this is probably stuff you should know.
Richard Branson is a very big businessman: founder of the Virgin music company, Virgin Airlines, Virgin Galactic, and other parts of the Virgin Group. But with an investment this week in Indiegogo, he took an interest in the smallest of entrepreneurs.
The crowdfunding industry is growing exponentially, and as it becomes an ever more popular way for entrepreneurs to raise money to fund their dreams, it’s getting attention from an elite tier of investor entrepreneurs.
San Francisco-based crowdfunding site Indiegogo announced today it has secured a second investment in under six months (the amount was not disclosed). Investors in the round include Sir Richard Branson, the founder of Virgin Group; Max Levchin, the co-founder of PayPal; Maynard Webb, investor and tech executive that sits on various prominent boards; and Megan Smith, an entrepreneur herself and a vice president at Google.
What are the best tips for running a successful crowdfunding campaign for startups using www.fundedflow.com, kickstarter, indiegogo or any other crowdfunding platform
1 Put in the Required Hours
Common failure of crowdfunding campaigns is that project creators often don't realize the intense amount of work required throughout the campaign to make it successful. You will be talking, emailing, pitching, tweeting and posting all day, every day. If managing your crowdfunding campaign doesn't become your full-time job throughout the campaign, then its odds of success decrease dramatically.
Crowdfunding website IndieGoGo has flipped the switch on its promotional algorithm, which pushes campaigns to a coveted spot on its front page. The company says the algorithm adds more democracy to a human-bias driven industry.
“Like America, IndieGoGo is equal opportunity for all, but no guarantees,” said co-founder and chief executive Slava Rubin in an interview with VentureBeat.
IndieGoGo, like competitor Kickstarter, allows groups to go online, post a funding request, and accept money. Anyone, whether they have a big idea or individual project, can create a page and set a funding goal. Goals are not set in stone, however. Some competing crowdfunding websites won’t allow its users to collect promised money unless it has hit a funding goal. IndieGoGo, on the other hand, lets people choose whether to “fix” their funding to an all-or-nothing structure, or take whatever they can get.
If you are a struggling for financing or just need some extra cash to start funding your exciting new business or creative new project, you have come to the right place. Banks are becoming increasingly tighter on lending and venture capital is hard to raise, especially if you’re not a whiz-kid with a new app based in Silicone Valley. However all is not lost due to the latest forms of fundraising from crowdfunding platforms just like fundedflow. Crowdfunding is a quick way to transform a small start or SME (Small to Medium Enterprise) into a full firing operational business. Also known as "social funding" or "crowdsource" which has evolved and helped redefine how new businesses and startups raise money and grow. Crowdfunding platforms also help benefit individual investors who can learn about new talent and startup companys who they can invest in. Usually investors or donors receive a small reward or “give back” in return for the investment or donation.
Here are fundedflows Top 10 choices for crowdfunding platforms