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Kickstarter passes $1B in pledges

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61–70 of 70 posts

Re: Kickstarter passes $1B in pledges

#61
post #50

Earlier quoted context omitted.

I know it says that but the UK definitely uses Amazon, at least it did when I backed something last night.

Were you backing a project at the UK Kickstarter, or are you in the UK backing a US Kickstarter? What payment backend is used depends on where the project is based, not the backer.

Good point - US based project.

Re: Kickstarter passes $1B in pledges

#62

Earlier quoted context omitted.

As a backer and project creator who's running a Kickstarter funded startup, I couldn't agree more. I love your example but I want to point out that the same obstacle you mention with games is applicable to most of the other industries that are funded on Kickstarter. The root problem in all cases lay in a startup's: 1) need for an audience 2) need for capital What kickstarter has successfully done is build a loyal aud…

Good luck with your campaign! If you don't mind I have a few questions if you happen to know the answers: 1. Did those 80% of people see it through a "featured campaigns" thing or was it totally organic? 2. How did the remaining 20% find your campaign? 3. Can we see the campaign page? :)

Thanks. The campaign ended a while ago but here are the answers:

1. We weren't featured by KS but it was on the "popular projects" page throughout the life of the campaign. It initially got there by a combination of backers finding it through "Recently launched projects" + backers who signed up on our website to be notified of the launch (the former being the majority). By the end of Day 1, it was #1 in its category and stayed there for a while. Here is a link that shows the trend of the project funding if you're interested: http://www.kicktraq.com/projects/yathletics/silverair-odorle...

2. Remaining 20% found it through our own marketing efforts + other websites/blogs writing about the project

3. Sure thing - https://www.kickstarter.com/projects/yathletics/silverair-od...

Re: Kickstarter passes $1B in pledges

#64

Congratulations, Kickstarter. In my opinion, Kickstarter is one of the most important tech startups of the last few years for democratising the process of project funding so significantly. It's started to change the way people do business and create things in such a fundamental way. One of my favourite examples to give is the way in which games can now be funded. The truth of the matter is that games can cost a lot m…

Honestly this seems like the most logical way to go about validating a product if you are starting with absolutely nothing.

Pitch it to the public, and see if people want it. Then they give you the money to make it.

Re: Kickstarter passes $1B in pledges

#65
post #46

When will we see crowd equity sites? Ie invest in early startups and get equity in the company.

Any day now. The SEC has been dragging its feet implementing the JOBS act. Congress mandated that they implement equity based crowd funding provisions months ago but they haven't done so.

Re: Kickstarter passes $1B in pledges

#66

It is very interesting to observe that countries who spend the most on kickstarter are the same ones as the ones which spend the most in the Apple app store.

Likely due to extreme wealth/access inequality. In countries where the population is split between the extremely poor and the very rich the averages are going to be skewed higher.

Re: Kickstarter passes $1B in pledges

#67

I just found out that my uncle, whom I thought very successful, failed to fulfill his responsibilities to his backers. He was working on a 3d printer that I was hoping to get to buy some day, but he never delivered more than a few of them (most of which didn't even work) and now his backers are trying to get together to sue him. A few days ago he filed for bankruptcy so they probably won't get anything. As much as I…

What happened with Minecraft?

Re: Kickstarter passes $1B in pledges

#68
post #67

I just found out that my uncle, whom I thought very successful, failed to fulfill his responsibilities to his backers. He was working on a 3d printer that I was hoping to get to buy some day, but he never delivered more than a few of them (most of which didn't even work) and now his backers are trying to get together to sue him. A few days ago he filed for bankruptcy so they probably won't get anything. As much as I…

What happened with Minecraft?

Notch was very free with his ideas. He'd often just propose them on Twitter. Sometimes he'd say that a certain feature would be in but later drop it because he thought it wouldn't be good. Also, the game has had a huge community since when it was relatively young and it has evolved in a specific direction (meaning people who started when it was new but expected a different end result were displeased). Notch also seems to have become somewhat bored with the game.

These things combined make some people upset with Notch. Apart from this, nothing really happened with Minecraft. It continues to be a highly successful game and frequently gets new features.

Nothing to be done about it, really. You can't please everyone.

Re: Kickstarter passes $1B in pledges

#69
post #38
post #35

Earlier quoted context omitted.

Keep in mind that correlation is not causation. :-) (disclaimer: I work at kickstarter)

I found it curious that it correlates to the middle of the work week plus basically the middle of the month!

Pay-week for lots of people maybe?

Re: Kickstarter passes $1B in pledges

#70

Earlier quoted context omitted.

Good luck with your campaign! If you don't mind I have a few questions if you happen to know the answers: 1. Did those 80% of people see it through a "featured campaigns" thing or was it totally organic? 2. How did the remaining 20% find your campaign? 3. Can we see the campaign page? :)

Thanks. The campaign ended a while ago but here are the answers: 1. We weren't featured by KS but it was on the "popular projects" page throughout the life of the campaign. It initially got there by a combination of backers finding it through "Recently launched projects" + backers who signed up on our website to be notified of the launch (the former being the majority). By the end of Day 1, it was #1 in its category…

Ah, cool. Good advice, and congratulations on smashing your target :D
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