Did you know: - One in four projects on Kickstarter is a film - 11,828 films have raised money on Kickstarter - 17,881 films have failed, i.e. not reached their funding target - The more Facebook friends you have, the better your campaign will do. -Shorter is better – For a $10k project, a 30-day campaign will have a 35% chance of success whereas a 60-day campaign has 29%. - A video increases your odds of success by two and half times - Once your campaign reaches 40% of your goal, you have a 95% of raising your full target amount. You can see the full statistics here: https://stephenfollows.com/the-statistics-on-improving-your-crowd-fundin...
Financing / Crowdfunding : Data on improving your crowd-funding campaign via Kickstarter via Stephen Follows by Amanda Toney
Managing Director at Stage 32 ♦ Director of Operations, Producer
9 years ago
Data on improving your crowd-funding campaign via Kickstarter via Stephen Follows
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Thank you for posting that,. Some interesting insights there - including the one about “the higher the proportion of creative individuals in a founder’s city, the higher the chance of success for that founder” - that had never actually occurred to me but it definitely makes sense.
This is really, really fascinating. Crazy that 25% of Kickstarter's projects are films. I didn't think it would be that high.