crowd funding Archives - AL6400 Blog

Posts Tagged ‘crowd funding’

Crowd Funding Can Be Funny

Saturday, July 5th, 2014 by

This was just kind of odd as I stumbled upon this crowd funding project on Kickstarter as you can see here:

https://www.kickstarter.com/projects/324283889/potato-salad

Okay, unless I am missing something it is literally just a person saying that they are going to make a potato salad where the funding goal was $10. Yet as you can see the project already reached almost $3700:

potatosalad

It’s funny as there are a ton of people who try to raise thousands with no luck yet something like this generates a lot of money. I guess it goes to show you that sometimes it is simply about being entertaining to raise money as opposed to trying to sell people into an idea. Kind of like the whole investing in people mentality. You see something new every day……..

Crowd Funding Even Your Personal Life

Tuesday, February 12th, 2013 by

While nowadays I am used to hearing people going to crowd funding as a source to get funding for their business or projects the notion of people using it for their personal lives is a bit more foreighn to me. While watching the news today a story came up about a couple who was trying to have a baby through In-Vitro Fertilization where it is obviously expensive an so they went to a site called gofundme to try and raise money for it. You can see their posting here: http://www.gofundme.com/icanhazfamily

It made me think too where if they can get this successful why wouldn’t more people try to do it for things like a student trying to get money for school or asking people to help pay for a wedding? The first reaction I heard was that no one wants to look like a beggar and so this usually turns people off of the idea. At the same time I would say this is one of those you don’t know if you don’t try situation. I wouldn’t be surprised too where if someone asked for help to buy them a bag of potato chips that it’s not too far fetched that there is someone out there who would be willing to do it. At the end of the day it’s just another way to potentially get money.