Home Must Reads Crowdfunding presents problems

Crowdfunding presents problems

| Print |  Email
Must Reads
Thursday, February 07, 2013

Crowdfunding is growing in popularity, but it raises the issue of who is accountable when a project is delayed.

Since it started in April 2009, Kickstarter has helped match more than $450 million donated by 3 million people with 35,000 successful projects. About 50,000 proposed projects failed to raise their goals and received no money through the website.

“We’re really just focused on creating a platform to be able to allow creators and backers to connect,” says Justin Kazmark, a Kickstarter spokesman at the company’s New York City headquarters.

On Kickstarter, project creators either raise their goal amount and get all of the money, or they don’t raise enough and get nothing. Kickstarter has no control over whether projects are completed.

Read more at The Portland Tribune.

{biztweet}crowdfunding{/biztweet}

 

More Articles

Gone Girl

News
Monday, September 29, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Wehby disappears, Kitzhaber fails to disclose and Seattle gets bike share before Portland.


Read more...

Constant Contact

October 2014
Thursday, September 25, 2014
BY AMY MILSHTEIN

To prevent burnout, companies are banning email and after-hours communications. But is the 24-hour workday here to stay?


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS