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I have to admit that I was surprised at the dollars per person: $480 million/3 million people = $160 per person. Perhaps that because each person pledges to mu
by mathattack 13y ago
I have to admit that I was surprised at the dollars per person: $480 million/3 million people = $160 per person. Perhaps that because each person pledges to multiple campaigns? It seems like only 80K backed more than 10 projects though. The dollar values per pledge that I've seen are much lower than $160 per person. Perhaps a couple outliers pull up the mean well past my personal observations, if not the median?
I found the slideshow of successful projects to be very inspiring.
- sheetjs 13y agoFor certain types of projects (like hardware projects), some of the mid-tier rewards are essentially pre-sales. For example, with Pebble, the most popular tier was the $115 watch. People interested in the product, I suspect, are more likely to contribute to the lowest-price deliverable tier rather than the lowest-tier. Of course, for other projects, there are some high-tier rewards that garner significant interest and skew the average. For example, the Veronica Mars kickstarter had a speaking role as the highest-tier reward. The median contribution, from what I've seen, sits somewhere in the 50-250 range
- FireBeyond 13y agoThere's also a (minority to be sure) group of projects that get close to their goal and pitch in money to make it happen - for example, your goal is $200,000, and you're at $190,000 with 24 hours left. Now, if you don't get $10,000 in backers in the next 24 hours, you get nothing. If you can, then you'll get the $200,000. Do you let that happen organically? Or do you do a last ditch pledge to a friend or family to charge $10K to their credit card, with the promise you'll give it back as soon as your funding clears, and attempt to make do with $190,000, rather than see that plan come so close, only to fade away?