Bigger Crowdfunding Portals Not Necessarily Better

A small, unscientific survey suggests that the biggest crowdfunding site may not necessarily be the best for your particular project.

VentureBeat notes the CrowdsUnite work that suggests that certain types of projects (film, writing) may have better success rates on funding portals that cater to those categories of projects.

So, for example, Seed&Spark, a film portal reflects a 69% success rate vs. Kickstarters’ 42% rate. It’s a tough slog regardless unless you’re an “A-list” celebrity.

http://venturebeat.com/2014/08/10/niche-crowdfunding-sites-can-out-perform-kickstarter-if-you-choose-the-right-one/

http://www.indiewire.com/article/crowdfunding-is-a-full-time-job-tips-from-the-directors-of-the-dog-20140811?utm_source=iwDaily_newsletter&utm_medium=sailthru_newsletter

 

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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.

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