it looks like 2011 will be the year of crowdfunding clones.
but at 15% commission v. 5%, with no serious value add, these guys will be walked over by kickstarter. posted by jannw at 2:49 AM on March 25, 2011
I like the idea though. 15% does seem expensive when compared to Kickstarter (but 5% is pretty low and will be hard to beat for any competitor), however I think there remains a market for things like this. And we, for certain, need more ways to fund serious investigative journalism and it seems to me crowd-funding goes hand-in-hand with the integrity required. Nothing is expected in return. posted by angrywayne at 7:06 AM on March 25, 2011
5% is pretty low???
not if it is loss leader for Amazon payments. posted by jannw at 10:03 AM on March 25, 2011
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but at 15% commission v. 5%, with no serious value add, these guys will be walked over by kickstarter.
posted by jannw at 2:49 AM on March 25, 2011