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May 10, 2012

Crowdfunding: $1.5B Raised, 1M Campaigns Funded In 2011

Here at Nokia Connects, we talk a lot of crowd-funding (and Kickstarter), and this article sheds light on the reason why: in the past year alone, crowd-funding platforms have raised over $1.5 billion in funds, and helped start more than 1 million campaigns. And now that the JOBS Act will be passed, crowd-funding will officially be legalized for startups, meaning that anyone can help fund your startup. And though we can’t predict the long-term affects of this trend, we think it’s a good thing. What do you think? Check out the rest of this article, and read the fascinating report by Massolution.

BONUS: Check out this infographic about Kickstarter!