Kickstarter is virtually synonymous with crowdfunding, and it’s not hard to see why. Since the platform launched in 2009, Kickstarter has raised $368 million for projects that met or passed their goals and has helped launch nearly 80,000 projects in total. In fact, one month after launching in the U.K., Kickstarter had already generated more than $3 million worth of pledges from 45,000. Just as importantly, there have been several blockbuster success stories ranging from Double Fine’s adventure game, which raised more than $3 million in a month to the Pebble watch, which raised more than $10 million by the end of its Kickstarter campaign. However, there are dozens if not hundreds of crowdfunding tools online and more will certainly launch in the future now that President Obama has signed the JOBS Act, which loosens restrictions on startups raising money from individuals online.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.