Kickstarter just bought the concept to the next step, onto the internet, but with few tweaks of their own to prevent misuse of the platform. The concept of crowdfunding has been around for a long time, since the 1990’s to be precise, with us not realising that they were all cases of crowdfunding. The company’s business and operating model revolves around the concept of crowdsourcing and crowdfunding where support and funding to creative ideas are offered by the global community of millions of people.īut, Kickstarter didn’t invent crowdfunding. The mission, even today, is to help people with ideas to put present them and obtain funding from the internet as easily as possible. This was a great vision to support new ideas. Once a set target was reached the gig would happen, or the customers will never be charged. This led him to come with the idea of the customers being able to buy tickets for a show. The company was started in 2009 with a mission to bring creative projects to life by using crowdfunding and crowdsourcing.īack in 2001, Perry Chan, founder of Kickstarter, wanted to bring two DJs to New Orleans to play at the local jazz fest, but the gig never happened because it cost too much. Kickstarter is a crowdfunding marketplace focused on providing resources, support, and funding to creative ideas and products. 5 Kickstarter vs Indiegogo What is Kickstarter?

Kickstarter fees