Liz Gannes

Recent Posts by Liz Gannes

Kickstarter Channeled $274M Worth of Funding to Indie Projects in 2012

We’ve written before about unreliable estimates for the size of the total crowdfunding market, but here’s one that’s a bit more concrete. Kickstarter, which is thought to be the largest player (some others, like Indiegogo, don’t release stats) said today that 2.24 million users provided $274 million in funding for 18,100 successful projects in 2012, with total funding up 238 percent from the year before. There were also a bunch of great Kickstarter parodies last year.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work