Although we've all heard of wildly successful crowdfunding campaigns, the truth is that the majority
of crowdfunding campaigns fail.
Since the majority
of crowdfunding campaigns fail, obtaining customized advice on the strategy and best practices for a campaign can be invaluable.
Not exact matches
The terms
of service
of crowdfunding sites state that they aren't responsible for
campaigns that
fail to deliver on their promises.
Crowdfunding sites have long been plagued by instances
of designers and entrepreneurs collecting money from backers and then
failing to deliver their product; more ominously, Indiegogo has hosted a series
of campaigns that some believed were outright scams.
Ever wonder how some people raise money
crowdfunding time and again while 60 %
of campaigns fail?
Previously, the group held a public auction, a
crowdfunding campaign, and tried to sell individual exploits, all
of which have
failed to attract the customers they hoped.
In related Uber news, a group
of supporters
of London's black cab taxis this week kicked off a
crowdfunding campaign they're hoping will finance an application to secure a judicial review
of the legality
of Uber's PHV licence — arguing that TfL
failed to uphold the existing law when it granted Uber a licence to operate in 2012.