Electronic copy available at: http://ssrn.com/abstract=2088298

Electronic copy available at: http://ssrn.com/abstract=2088298

3.2

 

01

02

03

04

05

0

Pe

rcen

t

0 .2 .4 .6 .8 1Percentage Funded

Pledge Levels of Failed Projects

05

10

15

20

Pe

rcen

t

1 1.2 1.4 1.6 1.8 2Percentage Funded

An additional 2,187 projects (9.7% of all funded projects) were funded more than 2x

Pledge Levels of Successful Projects

0.0

00

.25

0.5

00

.75

1.0

0

Pe

rcen

tage

of P

roje

cts

Deliv

erin

g

0 2 4 6 8 10Months after promised delivery

Raised 50k or less >50k

Delivery Delays for Large and Small Projects