Tag Archives: platform

The Fixer’s Manifesto v1.0- From The Inventors Of Sugru

If you like the Fixer’s Manifesto then you can also look at pictures of people holding it here, if that’s your thing. If you want to fork/hack/improve it you can do that on the github page. If all of that is just to “free as in beer” for you then you can also buy a print from Sugru (it comes with a pink pen for making edits…yeah).

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Kanyi Maqubela Interviewed Jessica Jackley of Kiva About Crowd Funding

Kanyi Maqubela of Collaborative Fund interviewed Kiva co-founder Jessica Jackley for The Atlantic (how’s that for maximum name-dropping in minimum space).

Read the article, or continue reading for some highlights.

Maqubela: It seems there will soon be platforms to raise money for almost anything, from the local bakery you hope to start in your neighborhood, to your high-technology startup idea, to donations for a church mission trip. What will such an economy look like? To answer that question, I spoke with with my colleague Jessica Jackley…

Jackley: Not all things can or should be crowdfunded…The ventures that keep things light and fun, easy to understand, that have a compelling story, a sexy retail product, will have an easier time getting people to rally around them and contribute. A start-up doing something that’s difficult to communicate or doesn’t offer any kind of retail product will have a tougher go at it.

Maqubela: This seems to line up with your Kiva philosophy: crowdfunding as a way of validating, or manifesting, an emotional connection to an individual or a narrative.

Jackley: Investors in big and in small deals tend to invest in people and in stories that resonate with them.

Maqubela: Kickstarter provided more than $150 million in funding to the arts in 2012, outpacing the National Endowment for the Arts (NEA), but is that a lot of money?

Jackley: One of the smartest things Kickstarter has done, in my opinion, is give people a great shopping experience related to the arts, that funds the arts. In essence, they’ve gotten people to pay $200 for a t-shirt plus the feeling of participation in another artist’s endeavor…Healthcare professionals don’t make art (in any traditional sense).

Maqubela: Endowing important projects requires sustained interest over time, and the Internet trends heavily towards short term thinking. I’m skeptical that crowdfunding could sustain longer-term projects…

Jackley: I wonder about that too.

Maqubela: But is the wisdom of the crowds really good?

Jackley: I see no problem with opening up more ways for entrepreneurs get capital — in general I think the more the merrier on this front — but again, we need to respect the place of crowdfunding in a very big market, and not try to make it more than it should be.

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