What are
/r/Crowdfunding's
favorite Products & Services?
From 3.5 billion Reddit comments
The most popular Products mentioned in /r/Crowdfunding:
The most popular Services mentioned in /r/Crowdfunding:
IndieGoGo
Patreon
Quora
Kickstarter
MintMe
The most popular Android Apps mentioned in /r/Crowdfunding:
The most popular reviews in /r/Crowdfunding:
Totally agree that this is a problem. You have lots of options for cap table management.
Excel/Google Sheets will get a little clumsy over time, but you probably already have it and have some idea how to use it. Many limitations here.
CapTable.io is a free product built by a team led by Eric Ries, author of The Lean Startup. I've used the demo, it looks pretty cool, but there are some more sophisticated features missing from it.
Sharewave.com is very competitively priced and includes a TON of very cool features including investor communication, employee stock option management, and automated reporting.
There are some others that I know less about including:
eSharesInc.com
Capshare.com
Capschedule.com
K-1 forms are, if I understand correctly, only required for S corps and partnerships. If you have investors I think you're probably organized as a C corp. But it goes without saying that you should ask a professional for tax advice and not take my word for it.
Tracking distributions is more of an ongoing tax issue than a cap table issue.
They are both unique and each have some advantages. It really depends on your project and which way you want to go. Some obvious things are flexible funding vs all or nothing. You can get some great insight on quora, it's worth checkin out.
https://www.quora.com/Which-is-better-and-why-Kickstarter-or-IndieGoGo
Business Developer at Thrinacia White Label Crowdfunding
I do like it! It's very informative and to the point. I'm looking to crowdfund my campaign too, would appreciate if you could give me feedback on mine? http://www.indiegogo.com/project/preview/87ca3319
Thanks!
WINDFALL - a strategic card game where two guardians face off in an epic battle of survive.
We have just 48 hours left. What started as a personal project, has gotten much larger where we are now on local store shelves and will be for sale online worldwide.
If you would like to pledge before Saturday at 7PM EST, then now is your chance. We have just added the ADD-ON section near the bottom of the page where if you pledge $1, you can go do an addon for $20 and get one of the intro decks. So in total, you would pledge $21.
https://www.kickstarter.com/projects/1775278618/windfall-trading-card-game
Be ready to try Mintme. It revolutionizes how people help each other by allowing sides to earn. Anyone can create a token that represents themselves or a project that they have created for their fanbase and supporters to support them in fundraising.
Very good question. I think what Kickstarter and Indiegogo have going for them is that they were one of the first, two of the most popular, and perform very little vetting of the products they host. I think therein lies the problem as well. As you mentioned, niche crowdfunding sites are on the rise because there is a need to support niche products. But why can't established sites like Kick and Indie cater for them too? I think one of the main draws of niche crowdfunding sites are that it's easier for a community to form. There are no crowdfunding platforms with functioning and popular social elements. With the growing importance of social media and social marketing, this cannot continue, and the large established sites will lose out to smaller niche sites. Another problem is that there are a flood of overinflated and fraudulent campaigns ripping people off. I foresee more regulatory involvement in this area in the form of forcing platforms to adopt a more stringent policy of vetting the campaigns they host. If platforms take preemptive actions they will be ready for it when it happens, if not, they face being edged out by the smaller and more lean niche sites. I wrote an article about fraudulent and overhyped campaigns recently and spoke briefly about how crowdfunding platforms may have to become more responsible. Please do check it out and let me know what you think about both this comment and the article...
https://www.linkedin.com/pulse/shadow-behind-glow-high-tech-dr.-vic?trk=prof-post
I think this will be a great gift (cheap and will make your parents happy) : https://www.amazon.com/dp/B08DC6GS17
By the way it's my design and I will be thankful if you buy it.
I cofounded a crowdfunding platform called weBounty. Even with a minimally viable product built after 6 months, it's even more difficult to get people to adopt it. If you are serious about the process, I recommend reading The Lean Startup http://theleanstartup.com/ before doing any bit of development. Zero to One is also pretty good, and I recently started the Disciplined Entrepreneurship which has gotten a lot of praise.
Crowdfunding platforms are everywhere and cover a huge range of markets, so if you want to compete you'll have to out-execute the current market leaders. There is also room to squeeze between them to capture a niche market, too. Define your mission and why you think the world needs your platform. For example, weBounty's mission is to crowdfund for social good, and be an accountable way of doing so. We achieve this by only rewarding the money after the objective of a "bounty" has been completed. Being different is good, but being really different requires a lot of reeducating of your audience. There is a balance to strike.
I understand the desire to want to make an impact in the world, but it takes a lot of work, and even then you may not succeed. It's actually kind of funny how much competition there is between people with good intentions.
Edit Plugging link https://webounty.com/