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 Indiegogo
August marks big changes at Macedonia Films and the Fall is looking fantastic. Avarice premieres in November, we have BIG plans for the Memphis Comic and Fantasy Convention, and our first couple feature-length projects are well underway.
Before we get all carried away, let’s take a moment to look back at July. We wrote some amazing blog posts that we know you’ll love. Some did well, some never got their moment in the spotlight:
The Top Posts:
Stay tuned, we’ve got a fresh batch of awesome-sauce coming your way!
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:’