Category Archives: indiegogo

Crowdfunding Is Now A Contract Between Company And Backer

Kickstarter is not a store. Indiegogo is not a store. Crowdfunding is not buying something — you’re merely donating some money, and you might get a reward for your pledge. Caveat emptor doesn’t apply, because there is no buyer, and no one can figure out what the correct Latin translation for ‘backer’ is. These are the realities that have kept Indiegogo and Kickstarter in business, have caused much distress in people who think otherwise, and have been the source of so, so many crowdfunding follies.

Now, finally, crowdfunding is being legally recognized as a store. The Register reports a court …read more

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Crowdfunding: Oh Great, Now Anyone Can Invest In An Indiegogo Campaign

Crowdfunding site Indiegogo has partnered with equity crowdfunding startup Microventures to allow anyone to invest in startups.

The comment sections of crowdfunding sites are almost as bad as YouTube. For every crowdfunding campaign that ships on time, you’ll find dozens that don’t. Thousands of people are angry their Bluetooth-enabled Kitten Mittens won’t be delivered before Christmas. Deep in the comments for these ill-conceived projects, you’ll find a common thread. The backers of these projects invested, and they demand a return. This, of course, is idiotic. Backing a project on Indiegogo or Kickstarter isn’t an investment. It is effectively burning …read more

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Posted in Crowd Funding, crowdfunding, Hackaday Columns, indiegogo, microventures, SEC | Leave a comment