Crowdfunding's Slippery Slope

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Crowdfunding's Slippery Slope
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Something has gone very right and very wrong with
crowdfunding.
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By now we're all familiar with it -- the open
platform that solicits contributions or tiny
investments from the 99 percent to fund creative
projects, philanthropic endeavors, RD and your
band's music video.
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In 2012, crowdfunding raised 2.7 billion and
that's expected to practically double this year
to 5.1 billion, according to Massolution. That's
about a quarter of what the U.S. venture capital
industry raises annually.
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We all know someone who's used Kickstater,
Indiegogo or RocketHub.
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In May, Zach Braff, star of the NBC sitcom
Scrubs, raised 3.1 million to fund a follow-up
to his indie film, Garden State.
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Rob Thomas raised 2 million in one day for a
film version of his Veronica Mars.
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Then there was James Franco who wanted half a
million dollars for a series of small feature
films (he raised 328,329).
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Read Full Story http//www.huffingtonpost.com/tom
-silva/crowdfundings-slippery-slope_b_3734325.html
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Read Another storys of filmmaker and fundraising
http//fundraisingscript.com/Kickstarter-A-brood
ing-ground-for-filmakers.php
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