hi! i’m tom....startsomegood explore search 876 projects fun#d start a project satisfaction rating...
TRANSCRIPT
Hi! I’m Tom.@tomjd
The increasing pace of change
4
The innovation imperative
Mostly we don’t.
How do we fund social innovation?
What’s missing? Risk tolerant capital
5 Common Misunderstandings
1. easy
<1/3
1. easy2. new
1. easy2. new3. automatic
1. easy2. new3. automatic4. thinking “crowds”(it’s actually about communities)
1. easy2. new3. automatic4. thinking “crowds”(it’s actually about communities)5. not understanding the tools
Which model is right for you?To consider:• Who are you raising from?• What are you raising for?• How innovative is your project?
The Five Cs of Successful Crowdfunding
Clarity
The five Cs of successful crowdfunding
Credibility
The five Cs of successful crowdfunding
(Carefully chosen)Communities
The five Cs of successful crowdfunding
Channels
The five Cs of successful crowdfunding
Courage
The opportunity for institutions
100% Success
$100,000 to$286,919
1,666 Contributors
• Great enterprises• Share their values• Staff pride• Customer engagement• Brand building – 21X ROI
Let’s do this!