Crowdfunding

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Why Flybrix skipped crowdfunding to launch its LEGO drone kits

 Flybrix first dreamed up a drone that kids could build with LEGO bricks in 2015. At the time, the co-founders debated the merits of launching with a crowdfunding campaign. They craved the exposure that brands attracted on Kickstarter and Indiegogo, but they knew consumers were growing suspicious of promises made by crowdfunding hardware startups. Read More

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Dubuc Motors gets SEC approval for equity crowdfunding

Dubuc Motors Tomahawk Dubuc Motors, makers of the Tomahawk all-electric supercar prototype, recently announced that the Securities and Exchange Commission (SEC) had approved its filing for equity crowdfunding under the US JOBS Act Regulation A+. The company began a Testing the Waters campaign in 2016, when it revealed the Tomahawk prototype, and raised $6.1 million in initial funding reservations. Now that the… Read More

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How to fail at Kickstarter — even if you get funded

money-pit Originally positioned as a medium for projects to garner modest seed funding from a diverse group of supporters, crowdfunding platforms have evolved. Yes, crowdfunding has produced some inspiring success stories. However, it also has facilitated the transfer of significant sums of money to teams that ultimately proved themselves to be incompetent, leaving backers with nothing. Read More

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Four reasons you shouldn’t launch your crowdfunding campaign at CES

crowdfunding It’s the Super Bowl for nerds — a place where the future is unveiled alongside a pile of the most useless crap humans can dream up. And if the legions we talk to in our work are to be believed, the event is a wonderful time to launch a crowdfunding campaign. Their line of reasoning scares the living shit out of us. Read More

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Vitrima is a hack that brings 3D vision to your GoPro camera

img_9301 If there was a product that could make you dig out your dust-collecting GoPro from the “misc” drawer and turn it into a 3D-filming camera, would you buy it? Of course you would; 737 people said “yes, please” in the Vitrima Indiegogo campaign, backing it to breathe some life into their GoPros. Shipping today, the product is available to order for $145 from the… Read More

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Yeehaw launches 3D printer for kids on Indiegogo

yeehaw1 The Yeehaw is a 3D printer aimed at the kids market. The company’s Indiegogo campaign carries a $249 early-bird price tag and promises to ship the first 50 units in time for Christmas. There were a few things about the company’s campaign that gave me pause. The device was designed with safety in mind, with sensors shutting off the printer in case some little fingers get a little… Read More

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“Anti-smartphone” Light Phone runs into delays

light-phone For people who feel that we are a little bit too connected these days, Kickstarter project Light Phone was promising a respite. It was scheduled to ship in May this year, but has seen a number of setbacks. This week, the company issued a statement. It says that while it missed its goal, it hopes to start shipping later this month. Read More

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Classy raises $30 million to help nonprofits raise donations, make a greater impact

Classy.org headquarters in San Diego. A San Diego startup called Classy has raised $30 million for software-as-a-service that helps nonprofits raise donations online, and keep supporters engaged in a good cause for the long run. Specifically, Classy helps 501c3 or other nonprofit organizations to run crowdfunding, online and mobile campaigns, awareness and fundraising events all under one roof. This makes it possible for nonprofits… Read More

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