Liz Gannes

Recent Posts by Liz Gannes

Kickstarter Donors Pledged Nearly $100M Last Year

Kickstarter donors pledged $99,344,382 in 2011 to the site’s user-proposed gadgets, movies, games and other projects. Not all that money was actually spent; 46 percent of the year’s Kickstarter projects got the amount they were seeking, which Kickstarter requires before any money is transferred. True crowdfunding — where average investors would get equity in return for their investment — isn’t legal yet, but it’s getting closer.


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There was a worry before I started this that I was going to burn every bridge I had. But I realize now that there are some bridges that are worth burning.

— Valleywag editor Sam Biddle