Subscribe
August 17, 2012
In this April 27, 2012 photo, Pebble Technology founder Eric Migicovsky wears the Pebble watch, in New York. In April, three-person startup Pebble Technology sought to raise $100,000 to make the programmable wristwatch. Donors on Kickstarter showered them with more than a hundred times that amount: $10.3 million. Kickstarter is at the center of a new phenomenon known as “crowdfunding” in which donors contribute small portions of money to get a project off the ground.
Stories this photo appears in:
Kickstarter projects generate millions of dollars
A funny thing happens on Kickstarter, the website where people ask for money to finance their projects. Sometimes, they get more money than they ask for. Sometimes, they get millions more.
Gas Prices
Magazine
Marry Me
Comments
Use the comment form below to begin a discussion about this content.
Please review our Policies and Procedures before registering or commenting
Or login with:
OpenID