- Angela Abar wrestles with destiny in ‘Watchmen’ episode 8 Sunday 9:05 PM
- Guy who runs Trump Organization Twitter account caught hyping up own tweet Sunday 4:51 PM
- People found out how tall Olaf is–and now ‘Frozen’ is terrifying Sunday 3:41 PM
- Rapper Juice WRLD dead at 21 Sunday 3:02 PM
- Embody Andrew Yang, fight other presidential candidates in video game Sunday 2:33 PM
- Ariana Grande spoke with TikTok teen who looks exactly like her Sunday 1:00 PM
- Beyoncé accused of paying dancers ‘low rates’ Sunday 11:58 AM
- Timmy Thick blasted for saying the N-word in comeback video Sunday 9:11 AM
- Netflix’s ‘The Confession Killer’ is a devastating and well-built portrait of a con artist Sunday 8:00 AM
- Swipe This! I’m ashamed to tell anyone about my online shopping habit Sunday 6:00 AM
- UPS facing backlash for thanking police after employee killed in shootout Saturday 5:02 PM
- Sanders campaign fires staffer after anti-Semitic, homophobic tweets surface Saturday 3:13 PM
- Brother Nature was attacked, says everyone just watched with phones out Saturday 2:45 PM
- Ryan Reynolds’ gin company hires Peloton wife for ad Saturday 1:24 PM
- Ex-vegan YouTuber accused of fraud after following meat-only diet Saturday 1:11 PM
Kickstarter: The $1 billion crowdfunding machine
On Monday, the company announced it had brokered its billionth dollar in pledges.
It’s taken four years and 11 months, but Kickstarter has finally campaigned its way into the 10th monetary digit. On Monday, the company announced it had brokered its billionth dollar in pledges.
The crowdfunding pioneer has an extraordinary breakdown of the numbers on its webpage, one that goes into what’s received funding and how many Titanics you could build with the money, but its history must be traced to the spring and summer seasons of 2012. That’s the period of time in which Ouya raised $1 million in eight hours, Amanda Palmer received more than eight times the $100,000 she asked fans for, and Pebble’s smartwatch raised $10 million.
After that, everybody knew what you could do with Kickstarter: raise money for anything you wanted, even if it wouldn’t actually get built.
That said, a grand summation has come through Kickstarter in the last year. The company reports its raised half of that billion since March 2013.
No wonder. Every type of creator in the world is using it. A quick scroll through our archives shows stories detailing projects about paper airplanes operated by smartphones, discreet adult accessories, and statues built for Robocop.
Photo via Kickstarter
Chase Hoffberger reported on YouTube, web culture, and crime for the Daily Dot until 2013, when he joined the Austin Chronicle. Until late 2018, he served as that paper’s news editor and reported on criminal justice and politics.