Friday, August 17, 2012

Kickstarter Projects Generate Millions of dollars

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

No comments:

Post a Comment