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The Untold Story Behind Kickstarter Stats [INFOGRAPHIC]

The Untold Story Behind Kickstarter Stats [INFOGRAPHIC]
See the full infographic below. A few weeks ago, I wrote about Kickstarter failures that were difficult to find because Kickstarter intentionally prevents failed campaigns from being indexed by the search engines…and how I managed to find (what turned out to be) about 59% of the unsuccessfully funded projects. My article generated a lot of attention, including Mashable and VentureBeat (which republished my post). I’d like to think that it was all this attention that finally led Kickstarter to launch a stats page with data and basic metrics about the projects. I was wrong. Prof. I received much feedback on my article, chief among them from Professor Ethan Mollick of The Wharton School of the University of Pennsylvania. Also, some people objected to my use of the term “failure” on projects that did not get fully funded. Give us some real insights! I heard you loud and clear, so I got in touch with Prof. And don’t think that crowdfunding is a passing fad, either. Getting it right this time.

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Scraping websites using the Scraper extension for Chrome If you are using Google Chrome there is a browser extension for scraping web pages. It’s called “Scraper” and it is easy to use. It will help you scrape a website’s content and upload the results to google docs. Walkthrough: Scraping a website with the Scraper extension Open Google Chrome and click on Chrome Web StoreSearch for “Scraper” in extensionsThe first search result is the “Scraper” extensionClick the add to chrome button.Now let’s go back to the listing of UK MPsOpen mark the entry for one MP Right click and select “scrape similar…” A new window will appear – the scraper console In the scraper console you will see the scraped contentClick on “Save to Google Docs…” to save the scraped content as a Google Spreadsheet.

Allegation: Kickstarter Is Still Hiding Data About Failed Projects Crowdfunding platform Kickstarter has come in for a lot of plaudits for creating a new platform on which to fund startups. Certainly, since the passing of the U.S. Jobs Act earlier this year, crowdfunding is about to have its day in the sun. But it’s also had its fair share of skeptical critics. [Update: Please scroll to the bottom for a convincing rebuttal by Kickstarter.] A few weeks ago, Jeanne Pi of AppsBlogger wrote about Kickstarter failures that were difficult to find.

Georgia Tech Researchers Reveal Phrases that Pay on Kickstarter New Georgia Tech Study Finds Pitch Language Plays Major Role in Success of Crowdfunding Projects January 13, 2014 Researchers at Georgia Tech studying the burgeoning phenomenon of crowdfunding have learned that the language used in online fundraising hold surprisingly predictive power about the success of such campaigns. As part of their study of more than 45,000 projects on Kickstarter, Assistant Professor Eric Gilbert and doctoral candidate Tanushree Mitra reveal dozens of phrases that pay and a few dozen more that may signal the likely failure of a crowd-sourced effort. “Our research revealed that the phrases used in successful Kickstarter campaigns exhibited general persuasion principles,” said Gilbert, who runs the Comp.

Crowdfunding Crowdfunding is the practice of funding a project or venture by raising monetary contributions from a large number of people, typically via the internet.[1] One early-stage equity expert described it as “the practice of raising funds from two or more people over the internet towards a common Service, Project, Product, Investment, Cause, and Experience, or SPPICE.”[2] The crowdfunding model is fueled by three types of actors: the project initiator who proposes the idea and/or project to be funded; individuals or groups who support the idea; and a moderating organization (the "platform") that brings the parties together to launch the idea.[3] In 2013, the crowdfunding industry grew to be over $5.1 billion worldwide.[4] History[edit]

Kickstarter failures revealed! What can you learn from Kickstarter failures? [INFOGRAPHIC] See the full infographic below. For the first time ever, the Kickstarter failure numbers are revealed.* Dollar for dollar raised, Kickstarter dominates Indiegogo SIX times over While freelancing in the crowdfunding space, Edward (@ejunprung) and I noticed a huge size discrepancy between Kickstarter and Indiegogo. We decided to fully size Indiegogo up and compare their numbers with Kickstarter’s publicly available statistics to see just how much bigger Kickstarter is. 6 Eye Opening Insights Cumulatively, Kickstarter (KS) has over 110,000 campaigns while our scrape found 44,000 campaigns on Indiegogo (IGG). However, through multiple scrapes over a month, we discovered that IGG de-list failed campaigns that raised less than $500.KS ($612M) has successfully raised over 6 times more dollars than IGG ($99M).KS has had 40 projects raise $1M+ while IGG only has had 4.The average success rate on KS is 44%.

Kickstarter Project Analysis: How to Raise Money Successfully Amid a blogosphere debate over Kickstarter's success rate and failure visibility, blogger Jeanne Pi has put together some success insights that Kickstarter doesn't list on its Stats page. With the help of Ethan Mollick, professor at University of Pennsylvania's Wharton School, Pi crunched the numbers to help identify some of the factors that correlate heavily with successfully funded Kickstarter projects. And while of course there's no guarantee of success, Pi thinks some of these findings could help potential projects meet their fundraising goals. The Microfactory: A machine shop in a box by Mebotics LLC Makers making for makers: The Microfactory project began one year ago when four friends, longtime members of an independent maker space in Somerville, Massachusetts called Artisans Asylum, came together to create a better prototyping and machining that was easy to use, self-contained, and capable of a truly impressive list of tasks. They independently financed the development and testing of five full versions of the Microfactory, resulting in the exceptional product featured here. The Microfactory was entirely conceived, designed and built by people who have spent their lives around machines, who wanted to make something truly revolutionary and highly usable for makers everywhere. Introducing the Microfactory: a networked, easy to operate, affordable, mess-free, quiet, safe and fully-enclosed machine capable of: