Colorado Crowdfunding: Investment-Based Crowdfunding Message Board › Colorado Crowdfunding Discussion Forum › The Largest Crowdfunding Campaign Ever . . . and, it was on Indiegogo!
Just wanted our members to know that the folks behind the Ubuntu open-source operating system just finished up a campaign that, while failing to achieve it's target funding of $32 million, did manage to secure pledges for almost $13 million before finally closing a few days ago.
That has earned the Ubuntu Edge campaign the title (until a bigger project comes along) of "campaign with the most pledges ever"!
And, it was on Indiegogo, not Kickstarter!
That coupled with what we'll learn about Kickstarter at our next meetup should be enough to give even the most ardent Kickstarter fan pause.
Look forward to seeing you in September.
BTW, for those of you who just need to know what the upcoming months will look like, rather than turn to Rocket Hub (which, increasingly, seems to be running an ever more distant third in the race to the top), we're going to turn to investment-based crowdfunding.
If you've been following our meetups, you know that unlike Kickstarter which has announced its intention to remain exclusively in the rewards-based crowdfunding space, Indiegogo has, all along, indicated a strong interest in getting into the investment-based crowdfunding space as soon as the dust settles around the SEC's interpretation of the new crowdfunding rules, both accredited and non-accredited.
So, in October, we're going to start tackling investment-based crowdfunding. Our speaker that month will be Kieran Mccarthy of Colorado Startup Lawyer. Kiernan will be there to discuss with us the new 506(c) general solicitation and advertising rules applicable to accredited investor investment-based crowdfunding. At that meeting he'll share both the pluses and negatives of that approach to crowdfunding. Again, a "not-to-be missed" meeting for those looking for funding for their projects or startups where the intention is, over time, to turn them into ongoing businesses.
Edited by R.P. Burrasca on Aug 27, 2013 12:03 PM