Interesting view of the flipside of crowdfunding
You selling out to Facebook is a disgrace. It damages not only your reputation, but the whole of crowdfunding. I cannot put into words how betrayed I feel by this. — Oculus crowd funder backer Sergey Chubukov
A chapter in The Zero Marginal Cost Society looks at crowd sourcing, but is light on facts and figures.
What are the determining factors? The crowd sourcing site, the project, number of fans and followers?
Crowd sourcing sites handle the mechanics of raising the money, but what do they do to raise awareness?
Amanda Palmer, Dark Mountain, Steph Bradley have had very mixed results on using crowd sourcing.
Amanda Palmer is net savvy, has large number of fans and followers. Crowd sourcing for a new album was massively oversubscribed.
Imogen Heap, net savvy, a large number of fans, is using crowd sourcing to raise £200,000 for her Mi.Mu Glove for Music. With…
View original post 666 more words