I was invited recently to join the talented Melissa Sweazy, Joann Self Selvidge, and Sara Kaye Larson in sharing our experiences and thoughts on crowdfunding, be it Kickstarter, IndieGoGo, or some other flavor. Enjoy, and check below for a handy-dandy index of topics covered, plus links to the campaigns and resources mentioned in this video.
Archives For Fundraising
Misadventures on IndieGoGo and Kickstarter
Timid Monster is going post-apocalyptic.
Timid Monster is proud to announce a post apocalyptic project. After visiting John Gray’s Victorian house and Avarice’s treacherous world of fantasy, we’re ready for a little dirt and grime in a crumbling society.
It’s perfect timing to team up with best selling paranormal/fantasy author, Cameo Renae, to bring you a short film based on her most recent book, ARV-3.
Normally on sites like Kickstarter or IndieGoGo, a project is not funded unless it meets its fundraising goal. Even if it’s $1 short on the day of the deadline, everyone’s money is refunded. But, on IndieGoGo and other crowd-sourcing sites, a ‘Flexible Funding’ option exists where all funds pledged during the campaign are delivered, regardless of whether the goal is met.
There are obvious situations where ‘Flexible Funding’ makes sense (as was the case with our successful Avarice campaign), but for the average fundraiser, it should be a no no.
What’s so bad about it? Wouldn’t you want to keep the money you raised? Isn’t some money better than none?
Whether you’re a potential donor or hopeful fundraiser, here are three warnings against the dangers of ‘Flexible Funding:’