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Kickstarter to hit $300m this year?

venturebeat.com

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Re: Kickstarter to hit $300m this year?

#4
post #3

If they wanted to, Kickstarter could be one the biggest and best platform for startup crowd funding. They have the infrastructure to capture the promise of the JOBS act/ crowd funding act

They don't want to. That would detract too much from their ability to serve creatives.

Re: Kickstarter to hit $300m this year?

#5
post #3

If they wanted to, Kickstarter could be one the biggest and best platform for startup crowd funding. They have the infrastructure to capture the promise of the JOBS act/ crowd funding act

They don't want to. That would detract too much from their ability to serve creatives.

Entrepreneurs are creatives. it's no different than the pebble smartwatch or light table project, except you are offering stock in the company instead of physical rewards.

Re: Kickstarter to hit $300m this year?

#6
I expect other players to come in for big name creatives. Maybe the Hollywood agencies, CAA for example. Or maybe the creatives themselves set up their own infrastructure.

Say Joss Whedon wanted to raise $10 million for a show. With Kickstarter he'd have to give them $500,000 of that, and it's not at all apparent that he would actually need them. If you had an agency roll this into existing services, maybe with a nominal fee, the big names may be more comfortable with that anyway...

Re: Kickstarter to hit $300m this year?

#8

I expect other players to come in for big name creatives. Maybe the Hollywood agencies, CAA for example. Or maybe the creatives themselves set up their own infrastructure. Say Joss Whedon wanted to raise $10 million for a show. With Kickstarter he'd have to give them $500,000 of that, and it's not at all apparent that he would actually need them. If you had an agency roll this into existing services, maybe with a nom…

I think that you might be discounting the value of Kickstarter's execution - or rather, a hypothetical Joss Whedon would be discounting the value of their execution.

In the same way that Twitter is "just a database of SMS messages", Kickstarter is just a "payment checkout" - but of course they are both greater than the sum of their parts.

Re: Kickstarter to hit $300m this year?

#9

I expect other players to come in for big name creatives. Maybe the Hollywood agencies, CAA for example. Or maybe the creatives themselves set up their own infrastructure. Say Joss Whedon wanted to raise $10 million for a show. With Kickstarter he'd have to give them $500,000 of that, and it's not at all apparent that he would actually need them. If you had an agency roll this into existing services, maybe with a nom…

I have no idea how the traditional Hollywood system works, but if Whedon raised $10m from a studio via an agent and, I dunno, a production house or something, how many middle men would get their fees from that $10m and what would it add up to?
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