Crowdfunding can be a business model or a technique. At its core, it's about getting a large number of people to chip in small amounts of money to support a cool project, in exchange for perks rather than investment dividends. Pretty much anything can be crowdfunded; it can be done by a nonprofit, an incorporated business, an individual, etc. It's often used to launch a new business or charity.
The closer I look at public radio/television, the better it fits. They do a fundraising drive. They talk directly to viewers. You give them money, you get a coffee cup or some other perk. Sometimes they take feedback on what you want to see more of. When I was little, this one guy called in and offered them some huge wad of money if they'd run all the episodes of ... Dr. Who, I think it was, in order. And they did it.
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Well...
Date: 2012-03-14 06:31 pm (UTC)The closer I look at public radio/television, the better it fits. They do a fundraising drive. They talk directly to viewers. You give them money, you get a coffee cup or some other perk. Sometimes they take feedback on what you want to see more of. When I was little, this one guy called in and offered them some huge wad of money if they'd run all the episodes of ... Dr. Who, I think it was, in order. And they did it.