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: http://www.telegraph.co.uk/culture/film/10817134/Kickstarter-can-crowdfunding-save-culture.html

Advertisements

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: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.