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Crowdfunding’s dark side

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Kickstarter has hired a journalist to find out what went wrong after Zano’s Kickstarter campaign raised $3.6 million U.S., but few backers ever received their promised drones.

Freelance tech writer Mark Harris  (whose work appears in publications such as The Guardian, The Economist,  Scientific American, and MIT Technology Review) will also look at Kickstarter’s role and whether it could have done anything to help either Zano or its backers.

One in 10 Kickstarter backers never get the reward they were promised in exchange for their money, according to the University of Pennsylvania study of 456,751 backers.

Bravo to Kickstarter for looking into crowd funding transparency. Double commendations for recognizing the value of professional journalists.

 

 

 

 


Filed under: Business, Small Business Tagged: crowd funding, drone, journalist, Kickstarter, Mark Harris, MIT, Scientific American, The Economist, The Guardian, University of Pennsylvania, Zano

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