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Majority of Kickstarter campaigns fail despite high-profile successes like Vanhawks

On May 2, 2016, Posted by , In Crowdfunding,Startup Economics, With Comments Off on Majority of Kickstarter campaigns fail despite high-profile successes like Vanhawks

Despite a handful of high-profile successes, industry data show the majority of Crowdfunding campaigns fail, with most commercial ventures hosted on the web platforms never shipping a product to market. That’s not to dismiss the social and economic value of social funding, said Ali Zahid, a 22-year-old entrepreneur who is…