It's an ambitious goal, and the amount they are hoping to raise through crowd-funding is $75,000 (no small amount), but Ricochet has assembled a strong team of journalists (which they intend to pay fairly) and initially only having the editors volunteer their time and expertise, thus hoping to gain people's support and financial commitment.
In just a few short years, relatively simple technology that enables people to find like-minded individuals with similar tastes in artwork, has eclipsed and then surpassed a 50 year old institution of government. Hopefully, governments will learn the lessons of other industries and choose to embrace this technological advancement for what it is -- the democratization of art
I love crowdfunding, because it's like watching money have a wrestling match with ideas. It's capitalism in microcosm. It's important to not lose sight of the lesson here: Crowdfunding websites are not responsible for anything that happens once you've contributed. You are leaving your money on the table, walking away, and hoping for the best.
Everyone hates being asked for money, so don't. Crowd funding is not selling a product (your film is, in fact, a product); it's inviting someone to be part of an exclusive experience they can't get any other way. And your perks must reflect that -- make them limited edition items and experiences that disappear once the campaign does.
If being sick doesn't kill you, the medical bills might. Imagine getting better and being bankrupted for it. Facing the prospect of financially devastating medical bills is a reality many Americans know isn't going away. But a newly announced partnership between B.C. startup FundRazr and leading US provider of healthcare information Healthline.com may just save them from financial ruin.
Whether the business is seeking donations or shares, the principle of transparency remains. You must put yourself in the client's shoes, i.e. the potential investors. What would they want to know about your company that will allow them to make a decision? Human beings have to take the responsibility of the decisions they make.
Give 30 is an initiative established in 2012, tapping into Ramadan's lessons on social solidarity, to mobilize everyone -- regardless of faith or background -- to address the challenges of hunger in our society. Hunger in Canada is not an issue of food scarcity. Rather, it is directly related to income sufficiency and security.
On Wednesday morning Kickstarter was sent a blog post quoting disturbing material found online. The offensive material was part of a draft for a "seduction guide" that someone was using Kickstarter to publish. The posts offended a lot of people -- us included -- and many asked us to cancel the creator's project. We didn't. We were wrong.
There is less than a day to go before the popular crowdfunding site Kickstarter.com hands hundreds of thousands of dollars to a controversial project for the widespread and unregulated distribution of over half a million extreme-bioengineered seeds. In my view Kickstarter could still do the right thing and refuse to fund this risky release.
While it took a few years after the financial crisis for financial services start-ups to get their business models refined to the point where they can come to market they are here now, and these alternative financial services technology companies are becoming viable and increasingly common sources of financing for entrepreneurs and small businesses.
One Million Moms for Gun Control was created in the wake of the Sandy Hook Elementary School shooting and helping them raise crucial funds is a Vancouver innovation. The word is spreading quickly, and not surprisingly social media playing a key role in raising awareness. Awareness is good, but funding is vital sustenance.
MyClassNeeds.ca, Canada's newest crowdfunding platform, aimed specifically at K-12 classrooms, launched their beta test last week. Since putting out the word about the launch in late fall, applications have been pouring in from teachers across the country. Some of the resources (field trips, technology, or simply, good reading materials), can make the difference between retaining and losing students' interest in the classroom.
Living while being gay still gets you killed in many parts of the world. Pulsing with hate, powered by bigotry, mobs have brutally attacked and killed fellow citizens solely because the sexual orientation of their victims differed from that of the majority. In hostile settings it makes sense for minority groups to join together in common businesses, networks and programs. There is some safety in numbers. There is also economic leverage.