Crowdfunding Can be Lucrative

Kickstarter founder Yancy Strickler notes, among other things, that:

  • it was not wrong to feel betrayed if you donated to Occulus Rift just before it was sold to Facebook for $2 Billion and you didn’t even get your headset yet;
  • that Kickstarter will never go public;
  • that movie stars have to work the Kickstarter system just like the little folk and there’s really no difference between the two; and
  • “much of” the over $42 million that Kickstarter has made goes to salaries and health insurance.


Read the interview here:


About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at:
This entry was posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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