Joshua Lifton is one of the founders of Crowd Supply, a company that crowdfunds around products. They take a very different approach to preparation, funding, and follow-up than Kickstarter. Kickstarter just announced that it had crossed $1bn in pledges in its five-year lifetime. Of that, it’s disbursed nearly $850m. It’s on track to facilitate perhaps half a billion in 2014 alone.
Kickstarter may be used interchangeably with the term crowdfunding and it is the 800 lb. gorilla in the space. (Watch out for the shipping charges on that gorilla, especially internationally.) But in its wake, hundreds of millions of dollars are being raised from all sorts of other sites which fill in important aspects of ecosystem, and Crowd Supply is one of them.
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Show Notes
Dan Shapiro and I spoke about his Robot Turtles game and its fulfillment issues in Episode 59.
Andrew “bunnie” Hwang and Jie Qi used Crowd Supply to fund Circuit Stickers. I spoke with bunnie in Episode 33 about how he creates projects and the production of products in China, especially electronics. He’ll be launching his open-laptop project, Novena, as a campaign on Crowd Supply.
Helium is a funded supercapacitor-powered portable speaker that’s also hackable — a category that Crowd Supply tags so that potential backers can more easily find user-modifiable and -buildable products.