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April 29, 2011 04:05 pm

$53 Million Pledged To Kickstarter Over Two Years

fangmcgee writes "Kickstarter, a website which collects donations for creative projects, said Thursday that it has received pledges of more than $53 million since its launch two years ago. 'Of the $53 million that has been pledged, $40 million has been collected by successfully funded projects and $6 million is still live (meaning pledged to projects that are still funding). The remaining $7 million is the amount of money not collected — pledged to projects that did not meet their funding goals. Of the $47 million pledged to projects whose funding has ended ($40M collected + $7M uncollected), approximately 85% of the funds ($40M) were collected. This 85% collection rate has stayed quite steady over the past two years.'"

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/_qrLGnnCm-4/53-Million-Pledged-To-Kickstarter-Over-Two-Years

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