#026: Crowdfunding for Businesses




The Unpodcast show

Summary: Subscribe on iTunes RSS Feed On this episode of the UnPodcast, we talked about all of the ins and outs of crowdfunding: what it is, what’s good and bad about it, and what you should keep in mind when it comes to investing. We also discussed various Kickstarter projects that I’ve invested in, and crowdfunding projects gone bad. Other topics include: What's right AND wrong with this food truck apology [003:00:00] How Kickstarter and other crowdfunding companies work [00:09:46.12] The 18 projects I've funded on Kickstarter and why I funded them [00:11:31.18] How information about crowdsourcing opportunities spreads [00:12:00.08] Incentives for contributing to crowdfunding projects [00:15:15.13] Good and bad things about crowdfunding [00:16:33.28] Projects that were funded, but not delivered [00:19:14.01] What happens when a kickstarter project is obsolete before it is completely funded What you need to know before investing [00:27:10.04] Two things that create funding [00:28:10.21] Non-disclosures and crowdfunding [00:33:08.15] A big downside of incentive buying and pre-purchasing [00:34:57.25] How to decide how much to invest [00:36:21.22] And so much more. . .   Items mentioned in this episode Indiegogo Kickstarter Kickstarter passed $1 Billion in pledges Food Truck Bites Back at 1-Star Yelp Review With Ukulele Kickstarter Tales Of Founder Woe Life After Kickstarter Podcast Movement Conference Honeyfund Crowdfunding 'scammer' speaks out at SXSW 3-D Doodler Pen Video provided by: AtomicSpark Audio recorded by: Wayne Cochrane Sound