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The Wiki Man

Fund a fisherman or finance a film

22 April 2017

9:00 AM

22 April 2017

9:00 AM

Crowdfunding is a promising idea, and has created useful products. The Canary home-security system I wrote about recently was funded in this way. One big problem remains, though: how do you reward your early backers if you become too successful? Many of the 9,522 people who provided $2.5 million to fund development of the Oculus Rift headset on Kickstarter were understandably miffed when the company was sold to Facebook for more than $2 billion, of which they received precisely nothing.

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