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Home News Internet

Kickstarter Has Raised RM8.61 Billion For Creative Projects

by Farhan
November 6, 2015
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Kickstarter $2 Billion Graph

Kickstarter is a place where dreams come true; at least for the 93,555 projects that have been successfully funded since the site was founded back in April 2009. The company has announced that it hit the $2 billion raised mark on 11 October 2015, with the second billion pledged faster than the first billion raised.

The first $1 billion pledged on Kickstarter took four years an 10 months, while the $2 billion mark was achieved in just one year and seven months. Kickstarter has also declared that it received pledges from 230 countries and all seven continents. Which is impressive, considering that seven continents would require pledges to have come in from Antartica; which is a frozen wasteland and has no permanent residents.

Kickstarter Family Support

A majority of the pledges were below the $100 mark, with $25 being the most common. Interestingly, the largest number of successfully funded projects were music based, with films coming a close second. Technology is often considered the biggest draw on Kickstarter, with companies like Pebble finding their beginnings on the crowd sourcing platform, and yet only 3,477 projects were successfully funded throughout Kickstarter’s lifespan. However, Technology did manage to see the largest amount of funds pledged.

Kickstarter Creative Projects Funded

There’s really not much else to say other than that the crowdsourcing platform has been a success for many people pursuing their dreams. It is comforting to know that a company that is so successful in getting people to part with their money for the mere promise of a product in the future has (legally) pledged its future to make the world a better place.

[Source: Kickstarter]

Filed Under $2 billionKickstarter
Updated 11:13 am, Fri, 6 November 15
http://lowy.at/MBmHq
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