Crowd-Funding by rohan tuteja

By Rohan Tuteja

rohantuteja08 — 2014-08-01 03:46:51 UTC

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rohantuteja08 — 2014-08-01 04:04:59 UTC

Crowdfunding The use of small amounts of capital from a large number of individuals to finance a new business venture. Crowdfunding makes use of the easy accessibility of vast networks of friends, family and colleagues through social media websites like Facebook, Twitter and LinkedIn to get the word out about a new business and attract investors. Crowdfunding has the potential to increase entrepreneurship by expanding the pool of investors from whom funds can be raised beyond the traditional circle of owners, relatives and venture capitalists.

rohantuteja08 — 2014-08-01 04:09:19 UTC

CROWD-FUNDING

rohantuteja08 — 2014-08-01 04:18:52 UTC

5 examples of crowd funding campaigns

rohantuteja08 — 2014-08-01 04:21:43 UTC

5. Pebble (Smartwatch) : This project was initiated in 2012 and raised $10.3 Million till may, 2012 on Kickstarter. The Pebble is compatible with Android and iOS devices. When connected to a phone, it can receive a vibrating alert to text messages, emails, incoming calls, and notifications from social media accounts. It can also act as a remote controller for the phone, or for cameras such as the GoPro. As of February 2014, the Pebble app store had over 1,000 applications.

rohantuteja08 — 2014-08-01 04:29:14 UTC

2. The Buccaneer ( Consumer 3-D printer ) : Initiated by pirate3D raised over $1.4 Million on Kickstarter. The project initiated with a target of $100,000

rohantuteja08 — 2014-08-01 04:43:03 UTC

A critical analysis of crowd-funding loop holes and traps that most people tend to overlook are presented in this article by forbes.com. The most interesting aspect is the amount raised v/s the amount that is received by start-ups and subsequent fee and taxes imposed.

rohantuteja08 — 2014-08-01 04:55:03 UTC

Guidelines for creating an effective crowd-funding campaign

rohantuteja08 — 2014-08-01 05:00:50 UTC

1. +Pool This awesome New York based project makes it possible for everyone to swim in clear river water in New York city. The proposed target for this campaign was around $250,000. However, it managed to generate just above the benched target at around $273,114 precisely.

rohantuteja08 — 2014-08-01 05:14:20 UTC

3. Scanadu Scout A scanner packed with sensors designed to read your vital signs and send them wirelessly to your smartphone in a few seconds, any time, anywhere.

rohantuteja08 — 2014-08-01 05:16:10 UTC

4. Ouya : A new kind of Video game console that got funded at a staggering 904% of the pledged amount.