The on-demand delivery market has now raised more money in the first four months of 2015 than it did in all of 2014, and the latest beneficiary is the Brazilian mobile application and content developer Movile. The company has received a $40 million commitment from the South African technology investor and media company, Naspers . Read More
U.K.-based serial gaming entrepreneur Tony Pearce has pulled in another tranche of equity crowdfunding for gamesGRABR, his Pinterest style social network for gamers, bagging £450,000 in seed funding from 220 investors. Read More
Crowdfunding site GoFundMe rejects a fundraising campaign for officer Michael Thomas Slager –On the Bonus Show: AT&T is fined for customer data theft, IS militants release 200 Yazidi…Read More →
Pinterest today scored two notable new hires with the acquisition of a small, two-person startup known as Hike Labs, which had been developing a mobile publishing application called Drafty. But Pinterest says this was not a technology deal – rather, the company was interested in gaining the expertise of Hike Labs’ co-founders Jason Shellen and Mike Demers. Shellen, you may… Read More
Carlos Morales’ wife Erica died just after the birth of their quintuplets. Without the support of his wife Carlos started a gofundme page and raised more than $332000 in 2 months! What is…Read More →
It’s hard for many of us to imagine a time when buying goods on Amazon, Zappos, or even J.Crew online wasn’t as natural as tying our shoes.
Though the relative history of e-commerce is mostly a success story, electronic retailing firms faced enormous challenges early on to build consumer trust. People forget now how much shoppers in the ‘90s worried about inputting their credit card information online and even wondered if the product would be delivered at all.
While books, CDs and DVDs took off, most early fashion and footwear e-commerce sites floundered. Online retailers struggled: http://www.forbes.com/sites/theyec/2015/03/16/e-commerce-is-to-borders-as-crowdfunding-is-to-wall-street/Read More →
Exploding Kittens, a card game from Elan Lee, Shane Small, and the Oatmeal’s Matthew Inman, wrapped up its record-breaking Kickstarter campaign with a total of $8.78 million dollars raised.
The campaign more than doubled the previous record (held by Reading Rainbow) for the number of backers, finishing with nearly 220,000; it is also the third most funded campaign on Kickstarter, behind only the Coolest Cooler and the Pebble smartwatch.
As is typically the case with crowdfunding campaigns, the bulk of the money came at the beginning and at the end of the month-long campaign.
The card game itself is very intuitive. The objective: don’t draw the exploding kitten card from the deck. There are other cards in the deck that allow players to do things like skip a turn, look at the cards coming up in the deck, and more. A single deck has four kittens, so up to five players may participate. In a nutshell, that’s it. But it’s the straightforward gameplay and Inman’s popularity that ultimately proved to be a successful combination for Exploding Kittens, drawing in hundreds of thousands of supporters.
“On the very first day of this campaign, we hit our funding goal. That was a big deal,” wrote the game’s creators in an update. “But after that, the campaign stopped being about money, and started being about a community. We decided that everything we did from that point on would be to celebrate you guys, and help you celebrate each other. In the last 30 days, you’ve broken a lot of records, but we wanted to highlight our favorite one: you made this the most fun Kickstarter to run of all time.”
The next step of the process is to actually get the game made and shipped to backers. In a Reddit AMA, the creators were frank about the difficulties this entails, especially given that the projected delivery month is July — five months away. To help make the process as smooth as possible, the team is partnering up with the folks over at Cards Against Humanity (CAH).
“We’ve been talking to Elan from the beginning about how to produce the game in a memorable and excellent way, and if there’s one thing we’re good at, it’s making a lot of dumb stuff and getting in the mail… I think we’re in a good position to take on the biggest Kickstarter project in history! But also I’m a little terrified,” wrote CAH’s Max Temkin in a Reddit comment.
Indeed, the sheer scale shouldn’t be too much of a problem for CAH, who currently hold the top five spots in Amazon’s Best Sellers in Toys and Games rankings. But putting out a new product always carries with it the potential for errors, which can cause the process to take longer than expected.
Those who haven’t backed the campaign will have to wait to be able to order (or pre-order) their own deck, as the game’s creators are focusing first and foremost on delivering the cards to the Kickstarter faithful and haven’t yet figured out how they’ll proceed after they get all the cards out to the backers.
“We don’t have a retail plan yet,” Lee wrote. “We made a promise to more than 200 thousand people to ship them this game. That’s our highest priority right now.”Read More →
You know all that big data that’s streaming into your company from sensors, customers, social media, Excel spreadsheets, and data sources all over the internet? Microsoft wants to help you process all of it, build APIs and make use of that data in the cloud with machine learning technology.
And to that end, Microsoft officially announced at the Strata Conference today, the general… Read More
Among the many new technology products and services revealed at this year’s CES, perhaps none has gotten more press coverage than Dish’s new Sling TV service. As multiple outlets have reported, this $20 per month subscription service gives subscribers access to TNT, TBS, CNN, Food Network, HGTV, Cartoon Network, Adult Swim, the Disney Channel, ESPN and ESPN2 — without the… Read More
Rubber Band Gatling Gun is on Its Way Before we get to anything else, do you remember about a year ago when I backed that Kickstarter rubber band gun project? No, not THAT little rubber band…Read More →