Crowdfunding
collection of finance from backers
Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, today often performed via internet-mediated registries; such as Kickstarter, but the concept can also be executed through mail-order subscriptions, benefit events, and other methods.
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Quotes
edit- I've done well in my career, but I am not sitting on $22m. I'm doing this so that one negative audience comment in a test screening won't force me to change the end of my movie.
- The traditional way is to have a financier put up the money and then sell the foreign rights. What I did, was to say to my fans, 'If you and I provide the capital, we don't need some rich dude dictating how we make the movie; we can then go sell foreign distibution and we'll be all the way to our goal.
- Zach Braff, Kickstarter controversy deepens after financier bolsters budget, The Guardian, 16 May 2013
- Barbarossa achieved its funding goal of $10,000 within three hours of being posted. Not even children's cancer research can match that pace. There's somebody out there right now waiting for enough donations to trickle in to cover a life-saving operation, but the Internet, in its vast wisdom, has decided that jiggly upskirt warfare was in more immediate need of philanthropy.
- Tom Reimann 4 Reasons This One Kickstarter Proves Humanity Is Doomed Cracked, 26 March 2014