Fund dreamer – Crowdfunding for Women & Diversity Groups

I stumbled on this new nonprofit crowdfunding platform designed for women and diversity groups. Their site says:

“Fund Dreamer Inc. is a non-profit organization located in Los Angeles, CA. We leverage state of the art social media technologies to reach wider donor and investor base for making your campaign successful.”

A Funding Revolution   Fund Dreamer

 

 

Specialties

Crowd Funding, Women Entrepreneurship, Social Media Amplification, Crowd Sourcing, Minority Entrepreneurship

  • Website

    http://www.funddreamer.com

  • Industry

    Financial Services

  • Type

    Public Company

  • Headquarters

    1444 S Point View Los Angeles, CA90035 United States

  • Company Size

    1-10 employees

  • Founded

    2012

 

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Lessons for Entrepreneurs from Crowdfunding

There is a lot of buzz out there these days about crowdfunding. As Kauffman Dissertation Fellow Ethan Mollick at the University of Pennsylvania’s Wharton School puts it, “Crowdfunding has been drawing substantial attention from policy makers, managers, and entrepreneurs, but relatively little notice from academics, even though it touches on many topics of importance to scholars of entrepreneurship.”

His paper from last July, “The Dynamics of Crowdfunding: Determinants of Success and Failure” (available here), examined almost 47,000 projects on Kickstarter that raised a combined revenue of $198 million. Mollick concluded that several factors influence whether a project will succeed or not:

  1. The greater the size of the founder’s social network, the greater the chance for success (particularly Facebook in this case; this is also known as the ‘be popular’ strategy).
  2. The underlying quality of the projects – those with high-quality, polished pitches are more likely to be funded (e.g., use a video; as Kickstarter’s website states, “Projects with videos succeed at a much higher rate than those without.”).
  3. A strong geographic component tie-in seems to increase success (pitching country music in Nashville, film in Los Angeles, etc.).
  4. A shorter Kickstarter duration is better (35 percent chance of success for 30-day pitches, 29 percent for 60-day pitches). Mollick noted that a longer duration implies a lack of confidence in the project’s success.
  5. Being highlighted on the Kickstarter website is hugely beneficial (89 percent chance of success vs. 30 percent for unfeatured projects).
  6. A large number of creative individuals in the city where the project is based is associated with greater success (target these kinds of people).

Geographic Distribution of Projects by Success

Success by Geographic Area
The circles on this map represent counts of Kickstarter projects by city; the larger the circle, the more projects based in that area. The shading within the circle reflects the portion that were successful—dark green represents successfully funded projects while light green indicates the project was not funded. Based on Mollick’s research, odds are that the successfully funded projects in given cities were a good fit culture-wise for that city.

 

One Man’s Quest to Tell/Sell His Memoir, “Been There Done That”

Author launches Kickstarter campaign in effort to share his remarkable story of survival with others

rickramoneLOS ANGELES (March 3, 2013) – Rick Bassman has lived eight lives as a Stage 4 Cancer survivor, homeless person, gunshot and stabbing victim, heroin and cocaine addict, criminal, and 5’4” “tough guy”/street fighter. Yet, despite all his travails, the former Emmy Award winning Disney executive, NFL agent and movie producer and professional wrestling mogul & MMA pioneer may be facing the toughest challenge of his tumultuous lifetime: the publication of his memoir, Been There, Done That.

Bassman, in keeping with his own life script, has decided to do things his own way. And that certainly applies to the publication of his memoir. Rather than entrusting his life’s work to the hands and whims of others—even declining a highly lucrative major publishing deal—Bassman has decided to appeal to the public via Kickstarter (please see link below) to assist him in publishing his incredible life’s journeyhis way.

Been There, Done That is one man’s touching memoir of going to hell and coming back through the other side, electrified. From dying of cancer, living destitute on the streets and watching his family die one by one, to producing movies and concerts and communing with spiritual leaders and porn stars, Bassman’s life can best be described as not only that of a Winner and a Loser, but a Survivor. A true Survivor.

Readers will revel in travelling to every corner of the globe on one bizarre adventure after another, to the extreme, opposite recesses of an often hysterical, often dark and twisted, and always outrageous mind.Been There, Done That follows one person—self-described as short, bald, funny-looking and now old—on his quest to live his life to the max or do his damndest to die trying. Been There, Done That is not only the story of one Rick Bassman. Readers will find something of themselves in Bassman’s courageous quest and unflinching determination to live life to the fullest, on his terms, no matter the insurmountable obstacles.

Been There, Done That is not the conclusion of the Rick Bassman story. Far from it. There’s still Chapter Nine and you’re part of that. Will you help Rick so that he can share his inspirational story of survival, of beating overwhelming odds, again and again, with others?

Kickstarter: LINK HERE

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Press Contact for Rick Bassman:

Liam Collopy

President

LCO – Levine Communications Office Inc.

9100 Wilshire Blvd., Ste. 540 E. Tower

Beverly Hills, CA 90212

E: lcollopy@LCOonline.com

T: 310.300.0950 x 308

www.LCOonline.com

 

The Crowd Goes Wild: First Annual Film Crowdfunding Awards Announced (via PR Newswire)


The Crowd Goes Wild: First Annual Film Crowdfunding Awards Announced (via PR Newswire)

LOS ANGELES, Sept. 4, 2012 /PRNewswire-USNewswire/ — With the sources of film finance changing as rapidly as the weather in the Gulf, crowdfunding has appeared on the scene with great promise and long-term staying power.  As a result, the Film Finance Awards (www.FilmFinanceAwards.com) and Premier…

Continue reading “The Crowd Goes Wild: First Annual Film Crowdfunding Awards Announced (via PR Newswire)”