Kickstarter Projects Generate Millions of dollars
By PETER SVENSSON
A
funny thing happens on Kickstarter the website where people ask for
money to finance their projects. Sometimes, they get more money than
they ask for.
Sometimes, they get millions more.
In April, three-person startup Pebble Technology sought to raise
$100,000 to make 1,000 wristwatches that can be programmed with
different clock faces. Donors on Kickstarter showered them with more
than 100 times that amount: $10.3 million. It would have gone higher had
Pebble not put a cap on contributions and ended the fundraising early. see complete storyKickstarter projects generate millions of dollars
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