1. Emerging Technology Presentation By: Charles Mendoza

2. Table of Contents 1. Kickstarter Explanation 2. Kickstarter Summary 3. Kickstarter Numbers/Examples 4. Kickstarter Pros 5. Kickstarter Cons 6. Kickstarter Solutions 7-8. Kickstarter Pictures 9. Sources

3. Kickstarter is… http://www.kickstarter.com/ A fundraising website for artists/inventors with an emerging idea, without the sufficient funds to make it happen, to reach out to an audience that wants to see it made A way for you to join the creator in his/her journey as the project happens

4. Kickstarter? In Summary: The whole idea of kickstarter is to get up- and-coming (emerging) projects a start to affect their fields in the future

5. Kickstarter Numbers/Examples Kickstarter has funded more than 20,000 creative projects including new technology and inventive art projects since its launch in 2008 As of April 2012, Kickstarter had more than $175 million dollars pledged 17 films that premiered at last month Sundance Film Festival about 10% were partly funded by Kickstarter campaigns As of April 2012, the Pebble E-Paper Watch is the most funded project on kickstarter raising over $4.7M with 30 days left of the campaign

6. Why Kickstarter? (Pros) People who start projects obtain 100% ownership Its not an investment or a loan Starting a project is free Spreads the word about your project Members outline their projects with a video appeal making it more personal

7. Kickstarter Cons Money handling is unclear when you begin to use website When you ask for funds, its an all or nothing gamble Possible liability for legal damages from sponsors for failure to deliver on promises Projects can also fail even after a successful fund raise when creators underestimate the total costs required or technical difficulties to be overcome Some projects are seen more than others giving some creators a disadvantage

8. Possible Solutions Kickstarter could present how the money is legally handled to possible users when first thinking about starting a project on their website My Ideas/Solutions: Kickstarter should have their own way to handle/distribute money, thereby getting rid of the additional use of Amazon Kickstarter should change their website design so that the home page is randomized with projects, showing everyone’s creations to the public

11. My Sources Best Source: http://articles.baltimoresun.com/2011-06-13/business/bs-bz-crowdfunding- websites-20110613_1_arts-organizations-crowdfunding-arts-spending Kickstarter.com http://www.pcmag.com/article2/0,2817,2403144,00.asp http://techcrunch.com/2009/04/29/kickstarter-launches-another-social-fundraising-platform/ http://www.thestar.com/article/1125901--kickstarter-a-fundraising-game-changer-for-artists http://www.pcworld.com/article/241160/kickstarter_faces_patent_suit_over_funding_idea.ht ml http://www.nytimes.com/2012/03/17/arts/kickstarter-and-artspire-as-models-of-arts- financing.html?_r=1 http://articles.baltimoresun.com/2012-01-14/features/bs-ae-graying-kickstarter- 20120113_1_kickstarter-donors-rock-stars