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Crowdfunding: Capitalism Rebooted

It is time to create freely. It is time to sing the song, shoot the movie, launch the prototype, publish the book, dance the dance. Go ahead: Create your non-profit, change the world. Now it’s your turn. Are you dreaming? Am I? I don’t think so. I’m writing this, aren’t I? You’re reading it. We must be awake now. Crowdfunding can be somewhat dreamy, certainly. Movies by famous people, like the Veronica Mars Movie Project, Zach Braff’s Wish I Was Here, and Spike Lee’s “newest, hottest joint” have raised so many millions using Kickstarter, they are very nearly in the yadda-yadda-already-heard-that-one category. Artists you may have never heard of are raising hundreds of thousands on IndieGoGo and Rockethub. Causes and socially-responsible businesses are sprouting up on GoFundMe and Razoo. Donors Choose is supporting teachers. There is a crowdfunding channel for YouTube creators called TubeStart. Crowdfunding has arrived. According to Crowdsourcing.org, there are more than 400 crowdfunding platforms operating all over the world. $772 million has been funded on more than 48,000 Kickstarters so far, according to Kickstarter. You can prototype everything from a mini-greenhouse for an apartment to an espresso machine, get backers, go into production, start a business. All […]

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