Crowd Funding for Big Projects and Big Money!

Ari Massoudi

Description

1Crowd Funding f or Big Proj ects and Big M oney !People seeking to raise funds ask me often if crowd funding could be suitable for big project having i mportant budget. My answer is to sa y ....

Sujets

• Startup
• Entrepreneur
• Venture capital
• Angel investor
• Crowd funding

Informations

• Publié par: myorka
• Publié le: 22 avril 2012
• Nombre de lectures: 47
• Licence : Tous droits réservés
• Langue: English

Extrait

Crowd Funding for Big Projects and Big Money !

1

People seeking to raise funds ask me often if crowd funding could be suitable for big project having important budget. My answer is to say ....

"It depends on your ability, the ability of your project to be loved by the crowd!"

But until now, I did not have any example of a big project having raised big money! Here you have a record of funds raised by crowd funding (with the support of the crowd funding websiteKickstarter):US $1,33 million! Take a look at:http://goo.gl/40xNu And another Kickstarter record:http://goo.gl/YneB6withmillionUS $1,8raised with an intial goal of $100,000!

Here another record of funds raised (with the support of the crowd funding website Crowdcube):£1 million(=US $1,587 million)! Take a look at:http://goo.gl/cIc2R The French companyIntuiLabholds the French record of funds raised by Crowd funding (with the support of the Crowdfunding websiteWiseed):€1,2 million (=US $1,6 million)! From 2009 to now (march 2012), Wiseed has raised € 5,89 million (= US $7,3 million) for 19 French startups! Here another example (maybe the current world record) of funds raised by crowd funding:£2,2 million (=US $3,49 million)!!!! Take a look at:http://goo.gl/I9qxiandhttp://goo.gl/QiQ6C

Ari Massoudi / Consultant Strategy of Innovation /www.strategy-of-innovation.com/www.linkedin.com/in/arimassoudi

2

Another example: The “Iron Sky” film project:http://www.ironsky.net/ The producer is currently raising funds by a mix strategy:http://goo.gl/waZ14 1) Crowd funding (fans support the project by money donation and get goodies and rewards) 2) Crowd mirco-investing (fans can become co-producer by investing and hope to have royalties on future revenues) 3) Secured financing (classical way to get funds for film such as banks, grants, partners …)

Concerning the Crowd funding strategy, Iron Sky has already obtained€666,770towards the goal of€900,000! The total budget (1+2+3) of this film project is€7,500,000.

More about crowd funding: http://www.strategy-of- innovation.com/pages/List_of_Crowd_Funding_Websites_and_Websites_To_Find_Investors- 4605700.html

Ari Massoudi / Consultant Strategy of Innovation /www.strategy-of-innovation.com/www.linkedin.com/in/arimassoudi