Crowdfunding generated $2.7 billion last year

08 Apr
April 8, 2013

Hell’s bells, that’s a fair dollop of cash, isn’t it?

Seems like the crowdfunding movement is only going to keep on growing. And, more interestingly, equity-based crowdfunding might be the next big trend.

“While lending-, donation-, and reward-based crowdfunding have thus far been leading this global financial revolution, equity-based crowdfunding is about to take center stage in the U.S.,” said Massolution chief executive Carl Esposti in a press release. It’s expected to reach $166 million in 2013, up from $116 million this year.
Read more at http://venturebeat.com/2013/04/08/crowdfunding-nearly-doubled-last-year-with-1m-successful-campaigns/#zQ6jiOiUo5GjBMYY.99

That will certainly be interesting, when we start seeing more of that in the media spaces that we know and love – games, movies and books.

I can’t say I find the idea of this kind of democratization to be a bad thing, even though I’m a bit wary of what might happen when a big project finally fails. Getting that up-front support from customers for a project is a much more sane notion than the crazy gamble-and-hope system we have now. Allowing those customers to directly invest and reap the reward for their support, even better!

Here’s to an exciting future!

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