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$3 billion has been pledged to Kickstarter projects

One of cool things about Kickstarter is the way it lets anyone help out a creative project with a minor investment of money. In fact, the most common pledge is just $25. But those small signs of support add up: The company is announcing that a total of $3 billion has been pledged over its eight-year … Continue reading “$3 billion has been pledged to Kickstarter projects”

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One of cool things about Kickstarter is the way it lets anyone help out a creative project with a minor investment of money. In fact, the most common pledge is just $25. But those small signs of support add up: The company is announcing that a total of $3 billion has been pledged over its eight-year history.

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Of that figure, $2.68 billion in pledges were made to projects that met their campaign goal, which means that the creators got the dough. Another $338 million was for campaigns that fell short and weren’t funded. And a third of the $3 billion was for campaigns launched by repeat creators—a sign that the site is having an ongoing impact on the way inventive types turn their ideas into reality.

About the author

Harry McCracken is the technology editor for Fast Company, based in San Francisco. In past lives, he was editor at large for Time magazine, founder and editor of Technologizer, and editor of PC World.

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